Allowable expenses for IRS - (Short term rental income, Non Portuguese resident )

Tax and legal
1

It seems not many things are tax deductible in this situation but I am getting confliction information in my research. I had assumed that if I am renting short term, that the electricity and Internet bills would be deductible expenses, but I am told by an accountant that is not the case. Can anyone here confirm or refute that?
What about bank fees and mortgage interest?

So far it seems that only IMI and Condo fees are deductible
Thanks in advance!

2

The accountant is correct if you are under a simplified regime which you probably are. You can ask your account or switch over to an organized one, but most people go with simplified. Under this you get a large standard deduction instead of deducting individual expenses. Message me if you have more questions about property management or you want recommendations for accountants.

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