can I write off closing costs on investment realestate?

Posted on January 25th, 2010 by admin in realestate | 1 Comment »

If I purchase realestate, (residential duplex) to rent out for investment purposes, can I write off the closing costs?

Absolutely! In fact, your escrow company will send you a statement at the end of the year to give to your accountant.

One Response

  1. RoyalGossip Says:
    January 25th, 2010 at 10:24 pm

    Absolutely! In fact, your escrow company will send you a statement at the end of the year to give to your accountant.
    References :

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