taxes: Do You Know These 9 Tax Deductions For Your Rental?
- 07/12/17 02:50 AM
Considering buying a rental property? Here are nine must know tax deductions for your rental. Items used for Property – Items such as rakes, hammer, and snow blower (all used for your rental property) can be tax deductible. Make sure to keep track of all receipts. Credit Card Interest – Ideally, create a separate bank account for the rental. It will be much easier to see income/loss. The credit card interest is also a write off. Home Office Deduction – You technically become a business owner when you own the rental apartment. If you use some space in your … (1 comments)
Considering buying a rental property? Here are nine must know tax deductions for your rental. 
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