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Updated over 10 years ago,
Accidental landlord Tax question
New job is going to take me away, having me moving from my primary residence and hoping to rent the house out. I am wondering how this is going to affect my tax liability on what was my primary residence. Don't want a heck of a tax bill that is going to eat up any cash flow I might realize on the rental property. Is there a website or other information I can find that might help me in the figuring of what I should do to make this profitable?
Its a heck of a time and looking for any advice.
Thanks