Foreign property

Forum|Forum|1 year ago
January 27, 2025
1 reply
4 views

Hello. I own an apartment I Poland that I pay monthly maintenance fee but didn’t rent out to anyone last year. Apartment needs full renovation and I will start renting next year. Can I deduct my fees from my income taxes?

Not A Product Question

MinhT1

Level 15

No. You can't deduct maintenance fees if the apartment is not available for rent.

You can only deduct rental expenses from the day the property is put on the rental market.

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Zofia1Author

Level 2

Thank you for the answer. What document I will need to provide if any when I start ranting out?

MinhT1

Level 15

To prove that you have start renting, you can use for example advertising listings for rental or by having an actual tenant paying rent. You do not need to provide these supporting documents to the IRS, but just keep them in your tax records in case of inquiry by the IRS.

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