Rental repair expenses are less than actual expenses

wacahootie · ‎June 3, 2019

my 2016 rental repairs were over $10k, but in my rental expenses summary details, it only shows $4720. Why? repairs should be 100% deductible, correct?

view2 · ‎June 3, 2019

If you have less than 100% allocated as a rental that percentage is used in allocation.

Depends on how the property was first listed into the Turbotax program.

View solution in original post

indrgun · ‎June 3, 2019

How is it supposed to be listed then?

Rental repair expenses are less than actual expenses

Investors & landlords

Investors & landlords