Powderhorn1Reprinted from Men's Journal - 

Twenty years ago, Greg Gianforte decided to base his new company in what was then the country's most unlikely destination for a software entrepreneur: Bozeman, Montana. In 2012, Oracle bought that business, RightNow, for $1.8 billion. Gianforte could have moved anywhere. But he didn't. "I love being able to backpack the Bridger Mountains and then eat downtown at a place like Dave's Sushi," he says. "It just gets in your blood."

The RightNow sale proved to be a watershed moment for this 151-year-old town. Gianforte's employees began hatching start-ups of their own. Out-of-towners took notice and migrated to Bozeman themselves — which helped validate the town's newfound status as a tech center. "It's easy to get people…

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Although being a landlord certainly has its cons, tops among its pros are the tax deductions rental homeowners enjoy.From finding tenants to fixing faucets, renting out a home can be a lot of work. If that doesn’t dissuade you, you’ll appreciate collecting the rent checks and taking advantage of tax deductions.

In fact, you can use many rental property expenses to offset your rental income. IRS Publication 527 has all the details.

Writing off Rental Home Expenses

Many rental home expenses are tax deductible. Save receipts and any other documentation, and take the deductions on Schedule E. Figure you’ll spend four hours a week, on average, maintaining a rental property, including recordkeeping.

In general, you can claim the deductions for…

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