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can I write off closing costs on investment realestate?

If I purchase realestate, (residential duplex) to rent out for investment purposes, can I write off the closing costs?

Absolutely! In fact, your escrow company will send you a statement at the end of the year to give to your accountant.

This entry was posted on Monday, November 9th, 2009 at 8:20 am and is filed under realestate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “can I write off closing costs on investment realestate?”

  1. RoyalGossip Says:
    November 9th, 2009 at 1:25 pm

    Absolutely! In fact, your escrow company will send you a statement at the end of the year to give to your accountant.
    References :

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