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Investors & landlords
If the rental property was no longer being used as a rental for those prior tax years, you should have been deducting any Mortgage Interest, Mortgage Insurance and Real Estate Property taxes on Schedule A of your personal tax return Form 1040. Insurance and utilities can never be deducted on a personal residence, not used as a rental or in a business. None of those expenses can be used as a Selling Expense for the the sale of the property.
‎October 12, 2019
9:23 AM