5 tax advantages for real estate investors

Mynd has compiled a list of tax deductions that are sometimes overlooked by property owners. Keep on reading to learn more!

Those who are just starting their rental property business might be able to deduct a portion of their startup costs.

Business startup costs

The costs of hotel, airfare, rental car, meals, and other travel  expenses incurred while looking for a new rental property are  tax-deductible.

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Costs incurred while looking for new property

Property owners can write off any costs incurred while advertising their business and/or a rental unit.

Ordinary and necessary advertising expenses

Property owners who use their internet and cell phone for business  purposes can deduct the percentage they spend on their business.

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Internet and cell phone plans


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