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Home / Commentary / Talking Tax: What are the tax implications when we begin renting out our former home? (access required)

Talking Tax: What are the tax implications when we begin renting out our former home? (access required)

Q: We are considering purchasing a new home. We are also considering keeping our current home and renting it. We have a small mortgage and regular taxes on this property, both of which are currently deducted on our return, and we will have a new mortgage and taxes on the home we purchase. Can we ...

About Peter G. Robbins, CPA