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Are rental and held-for-sale real property expenses deductible?
I inherited a few foreign properties. One is formally rented (there is a pro-forma lease, but I do not receive income) to my mother. The others are held for sale after unsuccessful rental attempts. Are maintenance expenses, deductible?
If so, what kind of documentation I need to keep?
If so, what kind of documentation I need to keep?
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‎June 3, 2019
6:24 PM