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ratrod94
New Member

I had a sewer backup at my rental condo in October 2024 and I had to pay a $1000 deductible on the insurance claim. Can I claim this as a business expense?

 
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1 Reply
RobertB4444
Employee Tax Expert

I had a sewer backup at my rental condo in October 2024 and I had to pay a $1000 deductible on the insurance claim. Can I claim this as a business expense?

Yes.  This falls under repairs and maintenance.

 

@ratrod94 

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