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Investors & landlords
Yes, if I follow your logic.
APT 1-Rental : 1/3 of the value can be depreciated and 1/3 of common expenses are allowed.
APT 2-Personal : Only 1/3 of mortgage and property taxes allowed on Schedule A.
APT 3-Mixed Use : Count days and prorate expenses.
‎January 31, 2021
9:48 AM