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I wanted to know can I add the utility bills to the rental property that I was paying, even if nobody was living there at the moment. Kept them on to get repairs done.
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posted
June 4, 2019
4:12 PM
last updated
June 04, 2019
4:12 PM
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I wanted to know can I add the utility bills to the rental property that I was paying, even if nobody was living there at the moment. Kept them on to get repairs done.
Yes. From what you've said, those are operating expenses of the rental.
June 4, 2019
4:12 PM
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I wanted to know can I add the utility bills to the rental property that I was paying, even if nobody was living there at the moment. Kept them on to get repairs done.
Yes. From what you've said, those are operating expenses of the rental.
June 4, 2019
4:12 PM
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I wanted to know can I add the utility bills to the rental property that I was paying, even if nobody was living there at the moment. Kept them on to get repairs done.
Idle Property
Continue to claim a deduction for depreciation on property used in your rental activity even if it is temporarily idle (not in use). For example, if you must make repairs after a tenant moves out, you still depreciate the rental property during the time it is not available for rent.
An expense.
June 4, 2019
4:12 PM
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