- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
It turns out there is a qualified business Income deduction of 20%. Since, I had loss from rental property from previous years, my income from rental property offsets my expenses and rental income is zero. However, if I take expense for maintenance and repair, I am lowering my income. In turn, I am lowering my credit.
‎April 30, 2021
6:27 PM