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2. 11 Tax Deductions You Can Take If You Have Rental Income - AOL

   www.aol.com/11-tax-deductions-rental-income...

   Here’s a list of common tax deductions if you have rental income: Mortgage interest. Property tax. Operating expenses. Depreciation. Repairs, including materials and supplies. Interest. Taxes ...

3. Is Rent Tax Deductible? - AOL

   www.aol.com/rent-tax-deductible-184415469.html

   Instead, the property owner, who pays property taxes on the apartment or home, receives a tax break. While you may not be able to deduct rent on federal income taxes, there are possible state ...

4. Can You Deduct Homeowner’s Insurance on Your Taxes? - AOL

   www.aol.com/deduct-homeowner-insurance-taxes...

   You have rental property: If you pay mortgage insurance premiums on income-generating property, a rental property insurance tax deduction may be available. This is because homeowners insurance for ...

5. Tax deduction - Wikipedia

   en.wikipedia.org/wiki/Tax_deduction

   A tax deduction or benefit is an amount deducted from taxable income, usually based on expenses such as those incurred to produce additional income. Tax deductions are a form of tax incentives, along with exemptions and tax credits. The difference between deductions, exemptions, and credits is that deductions and exemptions both reduce taxable ...

6. Write-off - Wikipedia

   en.wikipedia.org/wiki/Write-off

   In income tax calculation, a write-off is the itemized deduction of an item's value from a person's taxable income. Thus, if a person in the United States has a taxable income of $50,000 per year, a $100 telephone for business use would lower the taxable income to $49,900. If that person is in a 25% tax bracket, the tax due would be lowered by ...

7. Rental Property Tax Deductions - AOL

   www.aol.com/news/rental-property-tax-deductions...

   Continue reading → The post Rental Property Tax Deductions appeared first on SmartAsset Blog. Being a landlord can significantly bolster your savings, but it’s also a lot of work. On top of ...

8. I'm a Business Owner. What Expenses Can I Write Off on My Taxes?

   www.aol.com/write-off-expenses-businesss-taxes...

   A tax write-off is how businesses account for expenses, losses and liabilities on their taxes. Write-offs are a specialized form of tax deduction. When a business spends money on equipment or ...

9. RV Tax Deductions You Should Know About - AOL

   www.aol.com/rv-tax-deductions-know-180000457.html

   If you rent your RV, you can write-off costs directly related to your rental business on a Schedule C.Again, you will want to make sure you keep detailed records throughout the year, making sure ...