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Investors & landlords
Got it!
I was just getting confused between the mortgage interest allocation and the depreciation allocation but now it's all clear!
Sorry to be a pain.. my last question if you don't mind, is;
If our total gross income is over $150K I am not allowed to take any loss towards my income correct?
Again thank you so much for the explanation and your time spending in replying
You are a true champ!
‎April 2, 2021
9:03 AM