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A landlord can only deduct certain items from a security deposit · Cleaning the rental unit when a tenant moves out, but only to make it as clean as when the CA real estate rentals are a tough game - 9.5% CA taxes on revenue Ever heard about repairs and deductions? Here's a little bit about what they are and how to use them! Want to learn more?

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All ordinary and necessary expenses paid or incurred during the tax year in maintaining the rental property are allowed as a deduction. Federal return. Report The California Franchise Tax is a mandatory fee for corporations and LLCs operating within the state. While it offers certain Should You Move Your Rental Properties Into An LLC?

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