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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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posted
June 4, 2019
3:54 PM
last updated
June 04, 2019
3:54 PM
1 Best answer
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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.
June 4, 2019
3:54 PM
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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.
June 4, 2019
3:54 PM
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