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Get your taxes done using TurboTax
No, the 2018 insurance, real estate taxes, and management fees cannot be claimed on your 2019 return.
The 2018 real estate taxes can be claimed on your 2018 tax return as part of Schedule A, Itemized Deductions.
The insurance cost for 2018 is a personal expense unless the property was a rental property being advertised and available for rent.
Unless you were renting the property in 2018, you should not have any management fees to claim. If it was advertised and available for rent during 2018, then you should report your income and expenses on your 2018 return using Schedule E.
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May 21, 2020
5:50 AM
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