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Article Category: Landlords & Rental Properties

Is Rental Property a Capital Asset?

Posted by & filed under Landlords & Rental Properties.

According to the U.S. Department of Housing and Urban Development, there were over 48.5 million rental units in the nation in 2015. Given the economic growth, increasing earnings, and a lower rate of unemployment, it is fair to assume that this number is even higher now. Thus, the number of people who engage in property… Read more »