Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 3 · column 7 of 9 · from the scan, no model involved
Your home becomes a business if you rent it out either for a year or some seasonal period such as the summer. The costs of running the property are subtracted from the rent to determine the net income from the operation—just as would be done in any other business. Among the expenses that can be charged off are interest on the mortgage, maintenance and repairs, agent’s fees, utilities if you pay them, insurance premiums, annual depreciation, and improvements.
If you sell a house you rented as against a home occupied by the owner—there are important tax differences.
Depreciation claimed
91.5%