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Wow, fast responses!
More detail:
This is the only property (in addition to my primary residence) that I have owned in the last 10 years. My guess is that doesn't put me in the business category.

I have owned it for 1 year and 7 days.

It is only property so no improvements or any other additional investments.

The homeowner fees arise out of the fact that the property is part of a larger planned community that requires quarterly homeowner (really property owner) fees.

I never really understood why the utility stuff was listed separate at the time of purchase but it was significant and obviously I had to purchase it.

I also assume that interest payments on investment property mortgages are not tax deductible.

Thanks for the links, I'll start reading up.
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