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re: Help me understand depreciation on a rental property
Posted on 10/12/23 at 12:12 pm to Thundercles
Posted on 10/12/23 at 12:12 pm to Thundercles
Passive loss rules may limit your ability to deduct losses from the rental property against your other income. Check with your tax adviser
Posted on 10/12/23 at 12:18 pm to texn
Thank you, this was a key piece that I was looking to understand and didn't know what it was called but seems to answer one of my biggest questions.
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