Deducting expenses

The landlord is entitled to deduct costs incurred in the production of rental income. Any expenses are deductible from the commencement of the rental operation to its end. Costs related to rental operations may be deducted for the tax year the payments were actually made.

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The landlord is entitled to deduct costs incurred in the production of rental income. Any expenses are deductible from the commencement of the rental operation to its end. Costs related to rental operations may be deducted for the tax year the payments were actually made.