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kalinina-maria
New Member

Homeowner association fees for rental property??

I rent out my apartment I own for part of the year (60 days in 2016)...on the section "Any maintenance expenses"...it lists homeowner association fees. I am curious if that means I can deduct the fees paid on the apartment for the whole year?
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Accepted Solutions
MargaretL
Employee Tax Expert

Homeowner association fees for rental property??

No, it doesn't mean that. You can deduct the fees only for the 60 days that you rent your apartment. The same applies to other expenses. Only rental expenses allocated to the time that your rent it is deductible. 

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1 Reply
MargaretL
Employee Tax Expert

Homeowner association fees for rental property??

No, it doesn't mean that. You can deduct the fees only for the 60 days that you rent your apartment. The same applies to other expenses. Only rental expenses allocated to the time that your rent it is deductible. 

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