PRORFETY: Property Tax Deduction On Investment Property

This means that expenses on the property will no longer be tax deductible because its now your home and not an investment property. By learning the tax exemptions and discounts youre eligible for you could lower your capital gains tax from investment property youve decided to sell.

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Here are five ways you can do this legally.

Property tax deduction on investment property. Paying taxes is an obligation but that doesnt mean you should pay more than you owe. You may be entitled to some capital gains tax exemptions for the period or percentage of period that you live in that property as your home.

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