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andichap654
Level 2
June 4, 2019
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On the sale of investment property, what costs can I include in the "cost/other basis" line? Ex: Closing costs, Improvements, Mortgage Interest, Utilities, Prop. Taxes?

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CherylWAnswer
Level 11
June 4, 2019

Here are the expenses you can deduct on your investment (rental) property:

Deductible Rental Property Expenses


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2 replies

CherylWAnswer
Level 11
June 4, 2019

Here are the expenses you can deduct on your investment (rental) property:

Deductible Rental Property Expenses


andichap654Author
Level 2
June 4, 2019
The property was an investment property -- it was not rented and was not a second home.    Do these same deductions apply to an investment property ?
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