As someone who owns Property, you likely want to know exactly which Expenses you can legally deduct from your income around tax time. With the new filing deadline of May 17, getting things in order is more important than ever. Read on to learn more about some of the deductible expenses you can take advantage of. We’ll share general guidelines but make sure to speak with your financial advisor and accountant for advice specific to your situation. Advertising Expenses: If you’re marketing your property, any expenses incurred can be deducted. This includes hiring a photographer or a professional writer, paying...
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