Comprehensive Rental Property Tax Deduction Guide
One of the most significant expenses for rental property owners is mortgage interest. Luckily, the Internal Revenue Service (IRS) allows you to deduct interest paid on loans used to acquire or improve your rental property. Both long-term mortgages and short-term financing options like equity lines can qualify. Additionally, loan origination fees can often be deductible, which helps to reduce upfront costs. To get more information visit #rentalpropertydeductionschecklist
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