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Tax, SDIRAs & Cost Segregation
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Updated over 10 years ago on . Most recent reply
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City of Oakland Rental Tax
Hello, newer real estate investor from Oakland, CA. I bought a triplex in Oakland at the end of last year and recently got a letter from the City saying that I had to pay taxes on my Net rental income.
Does anyone who has property in Oakland have any suggestions on how to go about this? Not trying to not pay, but was wondering if there are any ways you can write it off or make the hit hurt less. It kind of caught me off guard.
Thanks,
Jeremy