Is Rental Income Taxable? What Landlords Should Know
Bay Property Management Group
JANUARY 26, 2025
Here are the major ones: Maintenance and Repair Costs Any money you spend on keeping your property in tip-top shape, like fixing a leaky roof, repairing broken appliances, or giving the walls a fresh coat of paint, can be deducted. years for residential properties. So, make sure you get an accurate appraisal if necessary.
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