You'll need to sign in or create an account to connect with an expert.
No, you will not be able to deduct the loss on your rental deposit. The IRS will consider this a nondeductible personal expense.
No, you will not be able to deduct the loss on your rental deposit. The IRS will consider this a nondeductible personal expense.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
syoung123
Level 5
syoung123
Level 5
user17669707246
Returning Member
re4mul8
New Member
cnappi279
New Member