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Investment Property: How Much Can You Write Off on Your Taxes?

Zillow

Property taxes. Expect to pay property taxes to local and county governments each year. Your local government will assess the market value of your property at its "highest and best use" and charge you a percentage of that value every year. Other tax deductions. Advertising fees.

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Tips for Buying and Selling a Home at the Same Time

PennyMac

You’ll also need to factor in ongoing costs like property taxes, homeowners insurance, applicable HOA fees and maintenance. Unexpected Expenses: Budget for possible repairs, inspections or legal fees that might arise during either transaction. turn your home into a rental property)?