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Investors & landlords
No. Personal rental expenses are not deductible for federal taxes and you can no longer deduct unreimbursed business expenses.
Some states do offer a rental deduction. Most such deductions are limited to residents. It’s possible you may qualify for a state rental deduction (if there is one) if you were a part-year resident. You would have to clarify your situation.
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February 28, 2021
1:22 PM