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Updated over 8 years ago on .
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Tax Implications with buying house?
I just purchased a 2 family home which is being rented out. Are there any NEGATIVE things, tax wise, that come from purchasing a home? I know I can write off expenses, etc to help me out....but anything with a negative impact?
I know it's a very broad question...just trying to get any advice/thoughts (general advice/thoughts are fine!)