This is my Tenant's rent payment - is this deductible or does it belong elsewhere
Joshua • Multi professional
Dixon Garcia
CPA, FlyFin
In General, if you receive any payment out of freelancing business it is considered as your freelancing income. Therefore, it is not tax deductible.
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Dixon is one of the best tax experts from the United States. He has an experience of 28 years in the field of corporate finance. Before FlyFin, Dixon had served as the Tax Head at KPMG, NJ.