You'll need to sign in or create an account to connect with an expert.
If the inspection cost is incurred to get the property ready for rental, it is not deductible as a rental expense.
If the inspection is incurred while the property was already on the rental market, it is deductible as a rental expense (under Professional Fees).
I think it goes to "Any other adjustments?", "Enter any other increases and decreases to you property's value"
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
MyKnew
New Member
Ash94
New Member
cabg
New Member
taxquestion222
Returning Member
zeishinkoku2020
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.