Solved: 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.
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
biggenegtp
New Member

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.

 
1 Best answer

Accepted Solutions
PeterM
New Member

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.

View solution in original post

2 Replies
PeterM
New Member

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.

View solution in original post

view2
New Member

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.

Dynamic AdsDynamic Ads
v
Privacy Settings