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Posted by lxhop on March 26, 2007, 11:54 am
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I own a two family house and have been renting half of it
for the past 13 years(since purchase). My tenants will be
moving out this fall and I plan to find new tenants by word
of mouth only. I also plan to be very selective in accepting
new tenants. The question is, how long can the place remain
vacant and still be eligible for the tax advantages of
rental property? I will still have expenses while it is
vacant (electricity,heat,rental portion of property
taxes,etc)
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