I bought a rental property recently in China. I was wondering whether the transaction tax is deductible as rental expenses. Thanks!

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I bought a rental property recently in China. I was wondering whether the transaction tax is deductible as rental expenses. Thanks!

The transaction tax paid in China is part of the cost of acquiring the property and gets added to the cost basis. It then become deductible through depreciation.

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I bought a rental property recently in China. I was wondering whether the transaction tax is deductible as rental expenses. Thanks!

The transaction tax paid in China is part of the cost of acquiring the property and gets added to the cost basis. It then become deductible through depreciation.

I bought a rental property recently in China. I was wondering whether the transaction tax is deductible as rental expenses. Thanks!

thanks!!

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I bought a rental property recently in China. I was wondering whether the transaction tax is deductible as rental expenses. Thanks!

I bought a rental property recently in China. I was wondering whether the transaction tax is deductible as rental expenses. Thanks!

I bought a rental property recently in China. I was wondering whether the transaction tax is deductible as rental expenses. Thanks!

I bought a rental property recently in China. I was wondering whether the transaction tax is deductible as rental expenses. Thanks!

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I bought a rental property recently in China. I was wondering whether the transaction tax is deductible as rental expenses. Thanks!

I bought a rental property recently in China. I was wondering whether the transaction tax is deductible as rental expenses. Thanks!

I bought a rental property recently in China. I was wondering whether the transaction tax is deductible as rental expenses. Thanks!

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