turbotax icon
turbotax icon
turbotax icon
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

sdbigd
New Member

I have a rental and the tenants did not pay rent for the entire year as they were in the process of filing for bankruptcy. Can I deduct the no rent received as a loss?

Did not receive rental income due to tenants filing bankruptcy.  Can I deduct the loss of income since I could not evict due to the bankruptcy?

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

I have a rental and the tenants did not pay rent for the entire year as they were in the process of filing for bankruptcy. Can I deduct the no rent received as a loss?

No. You just have less income on which you owe taxes.

Manage cookies