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Updated about 1 year ago,

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1
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Jasper Li
2
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Mortgage Payment Question

Jasper Li
Posted

I am currently renting one side of my Duplex and living in the other side. I’m collecting the rent into a business account which covers part of the mortgage. And also transferring money from my personal account into my business account to make up for the rest of the mortgage. And using the business account to pay for the mortgage. Are there any red flags with the way I’m doing this re taxes? 

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