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Updated about 5 years ago,
Tax Deductions Year Rental Property is Purchased
Newbie here...Purchased two single-family properties (turnkey) with cash late this year and both are now rented. Other than the HUD1, what else do I need to keep for my CPA to prepare taxes? Are any charges/fees/inspections/appraisals, etc. deductible for the IRS/Schedule E....other than property taxes, insurance? Looking for a checklist so I know what to printout and record....