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Repair expenses rental property

Repairs were performed in Dec 2016, but not paid until Jan 2017.  Can we still list them in expenses?
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Melaine
New Member

Repair expenses rental property

Expenses can only be claimed in the year they are paid.  Because they were paid in 2017, you will not be able to include them in your 2016 return, but you will, on your 2017 return.

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1 Reply
Melaine
New Member

Repair expenses rental property

Expenses can only be claimed in the year they are paid.  Because they were paid in 2017, you will not be able to include them in your 2016 return, but you will, on your 2017 return.

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