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Investors & landlords
I have not lived in this house at all for past 23 years so no personal use. I don't plan to live in it in the near future. Given it is a tourist area and judging by the bookings for first quarter of 2017, I will make a profit in 2017 and triple the income I would have made as regular rental. I am hoping to have at least some tax advantage in being able to deduct either special depreciation (items under 2500) or long term depreciation over next coming years.
‎June 4, 2019
2:25 PM