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Investors & landlords
Yes, you can deduct utilities, management fees, and even depreciation as long as you don't claim a loss.
Yes, if you don't report any income on this property, you can't claim anything.
Either way you report 0 income and/or 0 deductions on your tax return.
Yes, if you don't report any income on this property, you can't claim anything.
Either way you report 0 income and/or 0 deductions on your tax return.
‎June 5, 2019
11:16 PM