MindyB
Expert Alumni

Investors & landlords

Yes, you can deduct maintenance fees for your timeshare rental (prorate the amount if you used the timeshare personally). 

 

Here's how to do this in TurboTax Online:

 

  1. Navigate to Federal > Wages & Income > Rental Properties and Royalties (Sch E)
  2. Edit the rental using the pencil icon
  3. Choose Add expense or asset
  4. Select Miscellaneous expenses
  5. Miscellaneous expenses will now populate in your list of expenses for this rental; choose the pencil icon to edit, and add a description and the amount.