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tatem32822
Returning Member

I rented my house for one month in Dec, 2018. can I deduct full utility bills (water, electric, HOA fees, TV) for that same month?

Since I did NOT advertise this property for rent, is it considered a rental property?

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Accepted Solutions
KarenJ
Intuit Alumni

I rented my house for one month in Dec, 2018. can I deduct full utility bills (water, electric, HOA fees, TV) for that same month?

Yes, you can deduct the utilities for the month it was rented. 

It is considered rental property if you received a FMV rent for the property.  It does not need to be advertised to be a rental.

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5 Replies
KarenJ
Intuit Alumni

I rented my house for one month in Dec, 2018. can I deduct full utility bills (water, electric, HOA fees, TV) for that same month?

Did you rent it at a FMV or was the rent you charged less than what would normally be paid.  Sometimes people rent at less than FMV to help out a friend.
tatem32822
Returning Member

I rented my house for one month in Dec, 2018. can I deduct full utility bills (water, electric, HOA fees, TV) for that same month?

Rented at FMV
KarenJ
Intuit Alumni

I rented my house for one month in Dec, 2018. can I deduct full utility bills (water, electric, HOA fees, TV) for that same month?

Yes, you can deduct the utilities for the month it was rented. 

It is considered rental property if you received a FMV rent for the property.  It does not need to be advertised to be a rental.

tatem32822
Returning Member

I rented my house for one month in Dec, 2018. can I deduct full utility bills (water, electric, HOA fees, TV) for that same month?

TurboTax appear to divide my monthly utility expense by 12.  I didn’t expect that???
KarenJ
Intuit Alumni

I rented my house for one month in Dec, 2018. can I deduct full utility bills (water, electric, HOA fees, TV) for that same month?

Yes, it does some of the work for you!
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