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Investors & landlords
@Anonymous_ Thank you for your reply.
Would I be able put the repair expense as part of the selling expense in my 2024 return (when the property was sold)?
I am asking because the clean-up and repairs are a result of tenant trashing the property, and I feel like the expense should go somewhere because it is business-related instead of plain out not deductible.
However I understand that since it is not considered rental since the tenant moved out, those expense can’t be on Schedule E.
September 15, 2024
6:31 AM