Building rental property.

I am halfway thru building a rental property in ohio. I understand that most of my expenses add to my basis in the property but what can I write off? Interest paid on the loan, costs associated with finding the property, real estate fees? I own other properties and this is my first time building one. Thanks for your help.

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Reply to
ladue21
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Pretty much nothing. It's all capital expenditures.

-- Tom Healy, CPA Boulder, CO Web:

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Reply to
Thomas Healy

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