The homeowners insurance, mortgage insurance, and real estate taxes that are claimed as expenses on the Schedule E added back when calculating net rental income as they are non recurring property expense.
It should be noted that a tax simply means the compulsory levy that's paid by the individuals and firms to the government.
In this case, the homeowners insurance, mortgage insurance, and real estate taxes that are claimed as expenses on the Schedule E added back when calculating net rental income as they are non recurring property expense.
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