can I write off closing costs on investment realestate?

Posted on February 5th, 2010 by admin in realestate | 1 Comment »

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.

One Response

  1. RoyalGossip Says:
    February 5th, 2010 at 9:10 am

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

Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.

|