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chas64
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I am married and file "married filing separately" I own and rent out a condo. Are my condo expenses deductible?

 
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pk
Level 15
Level 15

I am married and file "married filing separately" I own and rent out a condo. Are my condo expenses deductible?

Generally not --- there are special cases when indeed can deduct  such expenses.  But my suggestion would be to try and prepare your return both ways -- Married Filing Joint and Married Filing Sep ( if that is possible ) .  There is a huge difference on standard deduction  allowable  under the two conditions  and  may be  it would be worth your while to investigate  and then choose the most beneficial path.

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pk
Level 15
Level 15

I am married and file "married filing separately" I own and rent out a condo. Are my condo expenses deductible?

Generally not --- there are special cases when indeed can deduct  such expenses.  But my suggestion would be to try and prepare your return both ways -- Married Filing Joint and Married Filing Sep ( if that is possible ) .  There is a huge difference on standard deduction  allowable  under the two conditions  and  may be  it would be worth your while to investigate  and then choose the most beneficial path.

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