Re: Sales Expense of a Rental Property
Not applicable

Investors & landlords

we can't see the document so don't what's on it,    the following would not be sales expense but reported on the rental income/loss schedule.   real estate tax proration but not the adjustment for real estate escrow.  that would be neither a selling expense or rental expense.   any charge for interest owed would go on schedule E. payoff of any mortgage would be neither a selling expense nor a deductible rental expense.  from locality to locality the possible items that could be listed number in the 1,000 s.  if you have a question about a specific item post what the document says.   by the way, the selling price and selling costs need to be allocated among the land, building and any other assets listed for the rental property 

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