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Is the condo's HOA tax deductible if I use the condo as my primary residence but also rent one room to a tenant?

 
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HelenaC
New Member

Is the condo's HOA tax deductible if I use the condo as my primary residence but also rent one room to a tenant?

Yes, but only the percent that represents the one room you're renting.

  • When you set up your condo as a rental asset, you had to come up with a cost basis dollar amount for the one room. Use that same percent of one room rental versus your total condo square footage to see how much you can deduct.

https://ttlc.intuit.com/replies/5341063

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