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Tips on Rental Real Estate Income, Deductions and Recordkeeping

Reporting Foreign Income Resized

If you own U.S. rental real estate, you should be aware of your federal tax responsibilities…

All rental income must be reported on your tax return, and in general the associated expenses can be deducted from your rental income.  The IRS provides guidance and Tips on Rental Real Estate Income, Deductions and Recordkeeping

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