Updated over 1 year ago on . Most recent reply
W-2 Tax write-off for Rehabbed Property?
I’m a W-2 employee in a high income tax state. I have rehabbed a rental property out of state, and am renting it out to long-term tenants. I was wondering if there are any deductions that I can take against my W-2 income, or if all deductions can only be taken against the rental property income?