I have a condo that I rented out for six months. Let's say the condo fees are 1,000 per year. When entering the rental expense in TurboTax do I enter $500 or $1,000?
I have a condo that I rented out for six months. Let's say the condo fees are 1,000 per year. When entering the rental expense in TurboTax do I enter $500 or $1,000?
$500. You are only allowed to claim the rental expenses for the period of time when the property is being rented out.