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Marz73
New Member

If you own a second property and pay municipal taxes and hydro on it, can you deduct those expenses?

 
1 Reply
sgill9
Returning Member

If you own a second property and pay municipal taxes and hydro on it, can you deduct those expenses?

 If the second property is generating income, you are indeed entitled to claim deductions  as business expenses for municipal taxes and hydro expenses relating to that property.  Thank you for reaching out with your question!

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