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This chapter discusses the assorted forms of rental earnings and bills for a residential rental activity with no personal use of the dwelling. Generally, every year, you will report all earnings and deduct all out-of-pocket expenses in full. The deduction to get well the value of your rental property—depreciation—is taken

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Like the day traders who are leagues away from buy-and-hold investors, real property flippers are a completely completely different breed from buy-and-rent landlords. Flippers purchase properties with the intention of holding them for a brief period—often no more than three to four months—and rapidly promoting them for a

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