For a foreign rental property, what are the allowable expenses (or where can I find them)?
Examples include
- Interest on loans
- Property management fees
- Advertising for new tenants
- Insurance
- Body corporate / HOA fees
- Council rates / real estate taxes / property taxes
- Water rates / water use charges
- Accounting fees
- Repairs and maintenance
- Improvements e.g. new oven, repainting, new carpets