Selling the property and taxes
My rental property is getting sold before end of this year. Would I still be able to do a tax deduction on the repair and operational expenses that I spent on the property before it was sold?
You would report the rental property onto your 2022 tax return - including rental income and expenses.
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CPA
- Basit Siddiqi CPA, PLLC
- 917-280-8544
- http://www.basitsiddiqi.com
- [email protected]
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