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We own a rental property. In addition to our regular tax bill, we receive a bill for a bond that was assessed for infrastructure. Is this

 
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ToddL
New Member

We own a rental property. In addition to our regular tax bill, we receive a bill for a bond that was assessed for infrastructure. Is this

If the bill was assessed against your rental property, you can deduct it as a rental expense. I'd suggest categorizing it as "Other Taxes" in the "Enter Common Expenses" input screen for your rental property.

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ToddL
New Member

We own a rental property. In addition to our regular tax bill, we receive a bill for a bond that was assessed for infrastructure. Is this

If the bill was assessed against your rental property, you can deduct it as a rental expense. I'd suggest categorizing it as "Other Taxes" in the "Enter Common Expenses" input screen for your rental property.

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