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Can I deduct the Management fees I paid for the rent of my Mobile Home to Eagle Realty and Development LLC?

Eagle Realty was the manager for renting my property all yer 2019 and I paid them Management fees can I deduct this fees?
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JulieS
Expert Alumni

Can I deduct the Management fees I paid for the rent of my Mobile Home to Eagle Realty and Development LLC?

If you are paying them to rent out your property to someone else, you can deduct the management fees you paid as rental expenses.

 

If you are renting your home from them, you can't deduct the amount paid for management fees. 

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3 Replies
JulieS
Expert Alumni

Can I deduct the Management fees I paid for the rent of my Mobile Home to Eagle Realty and Development LLC?

If you are paying them to rent out your property to someone else, you can deduct the management fees you paid as rental expenses.

 

If you are renting your home from them, you can't deduct the amount paid for management fees. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Can I deduct the Management fees I paid for the rent of my Mobile Home to Eagle Realty and Development LLC?

Where can I deduct the management fees and the Insurance for the rental property?

MinhT1
Expert Alumni

Can I deduct the Management fees I paid for the rent of my Mobile Home to Eagle Realty and Development LLC?

You can deduct these expenses in the rental section of TurboTax.

 

To enter your rental income and expenses, please follow the instructions in this TurboTax Help topic.

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