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2. 11 Tax Deductions You Can Take If You Have Rental Income - AOL

   www.aol.com/11-tax-deductions-rental-income...

   Here’s a list of common tax deductions if you have rental income: Mortgage interest. Property tax ... to claim back your improvement expenses over time through the depreciation deduction ...

3. Section 179 depreciation deduction - Wikipedia

   en.wikipedia.org/wiki/Section_179_depreciation...

   Section 179 of the United States Internal Revenue Code (26 U.S.C. § 179), allows a taxpayer to elect to deduct the cost of certain types of property on their income taxes as an expense, rather than requiring the cost of the property to be capitalized and depreciated.

4. MACRS - Wikipedia

   en.wikipedia.org/wiki/MACRS

   Multiply line 11 by 1.00 if the 100% special depreciation allowance applies. This is your special depreciation allowance. Enter -0- if this is not the year you placed the property in service, the property is not qualified property, or you elected not to claim a special allowance -0- 13. Subtract line 12 from line 11. This is your basis for ...

5. Recoverable expense - Wikipedia

   en.wikipedia.org/wiki/Recoverable_expense

   These expenses can be separated and charged against a suitable area, like the area of the food court. In some examples, a base amount of a given expense may be considered the landlord's responsibility, while any additional amount is shared out. This is commonly seen in items like property taxes and management fees. In this case the landlord ...

6. How I Paid Zero Income Taxes on My New Rental Property - AOL

   www.aol.com/finance/paid-zero-income-taxes...

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7. New Law Gives You $8,000 for Free To Make These 5 Home ... - AOL

   www.aol.com/finance/law-gives-8-000-free...

   The “nonbusiness energy property credit” gives homeowners a 30% tax credit, worth up to $1,200 per year, for the installation of upgrades like energy-efficient skylights, insulation and ...