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by PopAlongKid
945 days ago
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You get an income tax deduction for real property taxes paid on all the property you own, whether for business or personal use. (Although there is a temporary cap on the total amount of state and local taxes on personal-use property one can deduct on their federal tax return, along with a workaround for wealthy business owners, the so-called pass-through entity elective tax that many states have enacted.) |
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