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Updated over 6 years ago, 05/01/2018
How much do some expenses matter if you can write them off?
I could be wrong because the US tax code is very confusing, but how much do certain expenses like property tax, or property management fees matter if you can write them off? Im not sure if there is some sort of cap, but if Im using an LLC with my properties inside it, there seems to be a ton I can write off. If im doing it right, what percentage (roughly) of the income a house generates should I be able to write off?