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@callahra -Yes
You deduct this expense where you deduct your other rental expenses. Schedule E or Schedule C as a "Other Deduction". You can account for it as a landlord. As a rental it is a personal expenditure and not tax deductible.
Generally, you claim expenses related to rental property on Schedule E and attach it to your individual income tax return. However, if you own the condo via a corporation, then you would fill out an IRS Form 1162 or 1162 S, which are tax returns for C corporations and S corporations, respectively.
Follow these steps to enter Rental Income and Expenses:
To go directly to the section of the tax return to enter information about rental income and expenses, use these steps:
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