Managing rental properties comes with its challenges, but when tax season rolls around, landlords have a unique opportunity to ease their financial burden. By taking advantage of key tax deductions, landlords can offset a portion of their expenses and keep more income in their pockets. Below, we’ve outlined some of the essential IRS Landlord Tax Deductions should be aware of to minimize their tax bills. The costs associated with maintaining and repairing rental properties can add up quickly, but the good news is these expenses are typically fully deductible. Repairs like fixing broken windows, repairing leaky faucets, or patching up a damaged roof all qualify as deductible expenses. For more info click here #irslandlordtaxdeductions
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