Malloy writes off nearly $200K in rental incomevisit|article-5820700|mobile_simple_list_body-11992|1

Despite collecting nearly $200,000 in rent at his former Stamford home, which they leased for two years after moving into the Governor's Residence, Gov. Dannel P. Malloy and his wife, Cathy, declared just $1,795 of the rent as taxable income on their federal tax returns. The Malloys wrote off almost all rental income on their Shippan residence, thanks to various deductions for local property taxes, home repairs and other things, Malloy's campaign said.

http://ift.tt/1xMVbd8