I rent out a condo in the building that has special assessment due to 50-year re-certification. I paid it off last year. How to put it on my tax return?
01527
1 Replies
MinhT1
Expert Alumni
Mar 5, 2025 10:02:39 AM
This is a deductible rental expense.
You enter it in the rental section as a miscellaneous rental expense and describe it as Special assessment for re-certification.