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wacahootie
New Member

Rental repair expenses are less than actual expenses

my 2016 rental repairs were over $10k, but in my rental expenses summary details, it only shows $4720. Why? repairs should be 100% deductible, correct?
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Accepted Solutions
view2
New Member

Rental repair expenses are less than actual expenses

If you have less than 100% allocated as a rental that percentage is used in allocation.

Depends on how the property was first listed into the Turbotax program.

View solution in original post

2 Replies
view2
New Member

Rental repair expenses are less than actual expenses

If you have less than 100% allocated as a rental that percentage is used in allocation.

Depends on how the property was first listed into the Turbotax program.

indrgun
New Member

Rental repair expenses are less than actual expenses

How is it supposed to be listed then?
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