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Level 1
June 5, 2019
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Where do you deduct HOA fees for rental property?

  • June 5, 2019
  • 1 reply
  • 8 views
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Best answer by TomK2023

You can deduct your rental property HOA fees under Other expenses (Schedule E, Line 19).

1 reply

TomK2023Answer
Level 15
June 5, 2019

You can deduct your rental property HOA fees under Other expenses (Schedule E, Line 19).

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Level 2
December 12, 2019

Can I prepay 2020 HOA dues for a rental home in 2019 and take the deduction this year instead of in 2020?

Critter
Level 15
December 12, 2019

You can but you will lose that deduction next year so what will you really gain?   And there are rules to follow:    https://www.nolo.com/legal-encyclopedia/rules-deducting-prepaid-business-expenses.html