I am a landlord of a short term rental. I stay at my rental property once per year to perform maintenance (restock, repair, and replace). Can I include the lost rental income to accommodate my maintenance stay at my rental as a lodging expense?
02293
1 Best answer
ColeenD3
Expert Alumni
Jan 27, 2022 3:46:51 PM
No, there is never a circumstance where you can claim lost rental income. You merely have less income on which you will pay tax.
2 Replies
ColeenD3
Expert Alumni
Jan 27, 2022 3:46:51 PM
No, there is never a circumstance where you can claim lost rental income. You merely have less income on which you will pay tax.
Carl
Level 15
Jan 27, 2022 4:09:51 PM
You can not lose money that you were never paid. So you haven't lost a penny. You merely have less income to report, is all.