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Updated about 5 years ago,

Doreen Hall's profile image
Doreen Hall's profile image
Doreen Hall
  • Member since Mar 20, 2019
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Doreen Hall's profile image
Doreen Hall's profile image
Doreen Hall
  • Member since Mar 20, 2019
Connect
Doreen Hall
4
Votes |
28
Posts
Tax, SDIRAs & Cost Segregation

Tax deductions for first investment property purchase

Doreen Hall
Posted

Hi!

So I am set to close in first rental property- but wondering if it’s worth pushing to close in this tax year? Can I write off closing and associated costs in 2019 if I haven’t had any income from the rental yet?

Or does it make more sense to push it all to 2020 tax year?

Thanks for your input!!!

Doreen

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