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db3476
New Member

Can we claim lost rent on from a broken lease agreement when it took 2 months to rent the property because it around the Christmas holiday.

They moved out 7.5 months early and broke their lease.  It was actually 3 months of lost  rent at 1250 per month, but we still had $1250 of their deposit with offset one month.
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MinhT
Expert Alumni

Can we claim lost rent on from a broken lease agreement when it took 2 months to rent the property because it around the Christmas holiday.

Lost rent is not deductible for the simple reason that you have never reported the lost rent as income.

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1 Reply
MinhT
Expert Alumni

Can we claim lost rent on from a broken lease agreement when it took 2 months to rent the property because it around the Christmas holiday.

Lost rent is not deductible for the simple reason that you have never reported the lost rent as income.

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