Can You Deduct Homeowners Insurance On A Rental Property?

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   Ted Ratliff

   Owner, SFS Associates,

   This is more of a question for a tax adviser, however based on my knowledge the answer would be yes, insurance on a rental property would be a deductible expense in most situations.  Any business can deduct business expenses paid.  Since rental property is a source of income, any expenses related to that property would be deductible.

   Answered on June 29, 2013

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