Any travel expenses related to a rental operation are tax-deductible, as are other occasional expenses incurred in the production of rental income. However, any costs related to the acquisition and/or the sale of the apartment are considered when calculating the taxation of capital gain and cannot be deducted from rental income.
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Any travel expenses related to a rental operation are tax-deductible, as are other occasional expenses incurred in the production of rental income. However, any costs related to the acquisition and/or the sale of the apartment are considered when calculating the taxation of capital gain and cannot be deducted from rental income.
