WebAug 31, 2024 · Purchasing your first rental property is just the beginning of your real estate journey, because being a good landlord is almost as important as making good deals. ... Damages, repairs, and disposal. Repair drywall. 6′ by 6′ room: $75; 12′ by 12′ room: $150; Wash light fixture (each): $15; WebApr 18, 2024 · If you suffer property damage during the tax year as a result of a sudden, unexpected or unusual event, you may be eligible to claim a casualty deduction for your property loss. Typically, the property loss is caused by a car accident in which you are not at fault or the result of extreme weather such as tornadoes and hurricanes.
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