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Investors & landlords
What? Who owns the home? Do you own the home? Are you just letting someone live there without paying any rent? If you own the home and you are on the mortgage you can enter your mortgage interest and property tax paid in 2021. You cannot treat the home like a rental property and deduct any rental expenses if you are not being paid any rent.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
March 2, 2022
8:41 AM