Dogday1
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Up to the amount of rental income I believe
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Interest deduction still requires that you live in it 14 days to deduct interest on a rental property. Is that correct for rental property rented at below FMV?
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- Posted Re: If my rental in is not at market value, can my deduction be higher than my rental income? on Get your taxes done using TurboTax. March 9, 2025 2:53 PM
- Cheered Re: If my rental in is not at market value, can my deduction be higher than my rental income? for PatriciaV. March 9, 2025 2:45 PM
- Posted Re: If my rental in is not at market value, can my deduction be higher than my rental income? on Get your taxes done using TurboTax. March 9, 2025 12:02 PM