Not only can you deduct mortgage interest and property taxes, but you can also claim deductions for property repairs, depreciation, and other expenses related to maintaining the rental units.Learning While EarningHouse hacking gives you hands-on experience as a landlord while you continue to live in the property.

If you’re itemizing your deductions, another great strategy is making a strategic donation to a charity or organization you believe in, like your favorite nonprofit or your church.

And I opt for the higher deductibles generally unless the price difference is minuscule.

Renting the garage brings income and partial tax deductions for expenses but adds complexity.

If something breaks in the unit, they should not pay a deductible in my opinion.

I just want to make sure the COGS total can be deducted in the year the sale is completed. 

Everything is deductible.  

They are difficult to finance and once the profit split with the hotel plus other fees are deducted from the gross they don't typically look like very good deals.  

One quick insurance tip for you in NE.. be mindful of the wind deductible that you agree to in your property policies. 

Here are 10 tax tips every homeowner should know:1️⃣ Mortgage Interest Deduction: Deduct interest on loans up to $750K!