3286538
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

mmdesq2
New Member

Condo Special Assessment Interest deductible?

My condo had a $17,000 assessment back in 2018 for new siding and roofs. The association financed the assessments and unit owners that did not pay it off immediately pay monthly on that unit owner's individual portion of that loan.  Can I deduct the interest I pay on that assessment?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

Condo Special Assessment Interest deductible?

No. That is a personal expense. 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question