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Investors & landlords
Also, just because your rental income is less than your rental expenses, in no way, form or fashion means you're renting at below FMRV either.
It is extremely rare for rental property to ever show taxable income at tax time "on paper" when you do your taxes. Especially if there's a mortgage on the property.
ā€ˇFebruary 27, 2020
6:11 AM