Most people look forward to getting a big tax write-off when they buy their home. What they don’t realize is that tax deductions are even more favorable when buying investment property. Here are 4 ways you can reduce your tax bill when buying real estate that is treated as a rental property: 1. Deducting Direct
April 15th can be a day of dread for most working U.S. citizens. Nobody wants to lose a large chunk of their hard-earned money to the IRS. That’s why many people choose to buy a home. They know they can get a large tax deduction by owning real estate. However, most taxpayers don’t know that they
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