Can I deduct wire transfer fees charged by my bank on transfer of rent from tenants to my account as rental expenses?

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Can I deduct wire transfer fees charged by my bank on transfer of rent from tenants to my account as rental expenses?

Yes. You can deduct expenses necessary for you to collect rental income.

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Can I deduct wire transfer fees charged by my bank on transfer of rent from tenants to my account as rental expenses?

Yes. You can deduct expenses necessary for you to collect rental income.

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