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Splet03. jun. 2024 · insurance premiums used for business purposes can be deducted from taxable income if the expense is "ordinary and necessary." Because landlords often have assets of high value as a result of owning multiple properties and umbrella insurance is helpful in protecting those assets, the cost of the insurance is often deductible. SpletNeed help understanding the basics of insurance including what coverage you need if you're moving out for the first time or what photos to take if you've been in an accident? Our Insurance Moms are here to help! They'll be sharing insurance tips a few times each month in an easy-to-understand-format. physical therapy mt zion il
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