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How can I deduct legal expenses in 2016 for a property that was disposed of in 2015?
I sold a property at the end of 2015, but had a legal dispute with a former tenant and incurred legal fees and such in 2016. How can I deduct legal fees incurred trying to recoup damages to the property - there was not damage recovered in 2016 (no income to offset expenses against in 2016).
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May 31, 2019
6:33 PM