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US2.2.2 Rental deductions


USA

Taxpayers with rental income are able to reflect certain expenses as deductions against the rental income. These deductions include:

  1. Ìý

    •ÌýÌýÌýÌý mortgage interest

  2. Ìý

    •ÌýÌýÌýÌý property taxes

  3. Ìý

    •ÌýÌýÌýÌý operating expenses – advertising, utilities, insurance, commissions and similar expenses

  4. Ìý

    •ÌýÌýÌýÌý legal and professional fees

  5. Ìý

    •ÌýÌýÌýÌý depreciation

  6. Ìý

    •ÌýÌýÌýÌý repairs related to the property

  7. Ìý

    •ÌýÌýÌýÌý maintenance costs and condominium expenses

  8. Ìý

    •

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Web page updated on 17 Mar 2025 13:50