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Anthony Murphy
  • Real Estate Investor
  • New Hampton, NH
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First year expenses

Anthony Murphy
  • Real Estate Investor
  • New Hampton, NH
Posted Sep 11 2011, 19:53

I am an investor in MA. I heard that you can deduct 100% of your expenses for improvements that you do in the first year of owning a property compared to claiming it over 27.5 years as usual. Does anyone know if this is true? I just heard this and have purchased 2 multi's this year.

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