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Investors & landlords
Can you share any IRS reference for option #1, which states we can "Treat this as a reduction in the purchase price". Searched around Publication 527 Residential Rental Property and only see option #2.
Also if we can use option #1, does it apply to Primary Residence (not only Rental Property ) as well?
Also if we can use option #1, does it apply to Primary Residence (not only Rental Property ) as well?
‎June 6, 2019
8:04 AM