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Updated over 11 years ago,
Newbie Question#3: Taxes difference for OO mulitifamily
Good morning folks,
Here's my newbie question for the day. I just finished my first book on being a land lord (this book was single family specific 90% of the time). I'm going to be purchasing a multifamily and be an OO. The question:
What are the differences in how you file for taxes? Do you simply split everything 50%?