Taxes & Rental Property/Income questions:
TAXES:
Before I file my Taxes for 2018, I want to make sure I have all my ducks in a row. So I need to Definitely Write-Off the ........... Taxes, Interest and Insurance on my Rental property? Regarding Depreciation, do I definitely need to take this as well ?RENTAL PROPERTY/INCOME: I want to show all of the Rental Income I receive from the Rental ,on my Taxes ( less what I deduct via the Taxes, Interest & Insurance ). And have this added to the Income I earn from my Job. So when a Lender goes to look at my Taxes to determine if I qualify for a Loan / run the DTI ................. I want to make sure I file my Taxes in the correct way, so that they will add in the Rental Income with the Income I earned from my Job
Thanks so much for all of the help and insight