Second property or rental property

[Despacito]

Anyone here has bought second property or rental property. How to avoid taxes on rental property? Can I claim mortgage interest and property taxes for second house?

[Hitman]

4 minutes ago, Despacito said:

Anyone here has bought second property or rental property. How to avoid taxes on rental property? Can I claim mortgage interest and property taxes for second house?

 - HOA - any other maintenance

[neethy]

Its called 'Investment property' - typically it will have 0.4 to  0.5 % more mortgage interest as compared your primary home.  You can claim interest paid as you normally do for your primary home, HoA paid, any other expenses. You can also get exemption for home improvements you did. But after all the deductions - the net is taxable, you cannot avoid it.

[tacobell fan]

First di konnaka cheptha second dani gurinchi 

[Sreeven]

nenu e thread ni vere la ardham chesukunna..second pellama leka backpage a ani😀😀

[LadiesTailor]

4 hours ago, Despacito said:

Anyone here has bought second property or rental property. How to avoid taxes on rental property? Can I claim mortgage interest and property taxes for second house?

After all expenses you claim on the house, house depreciation choopinchi taxes lo zero chestaru... all CPAs does the same... house sell chesinappudu tax lu kattali anthe... 

if you can afford second house go for it