Here are some of the top tax deductions for California rental property owners.
- Passive activity loss limitations
- Ordinary and necessary expenses
- Mortgage interest
- Property management fees
- Repairs and maintenance
- Utilities
- Insurance premiums
- Advertising costs
- Property tax deduction
- Condominium and cooperative rules
Kong Property Management Group provides property management and leasing services to the greater part of Silicon Valley. We specialize in single-family homes, condos, townhomes, duplexes, as well as apartment buildings. Based in San Jose, Kong Property Management Group is a local and family-owned business with over 15 years of combined experience in residential property management, real estate sales, and appraisal.