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We had to pay our tenants $4500 for relocation assistance when we sold our rental property in Portland. Can this be listed as an expense?

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We had to pay our tenants $4500 for relocation assistance when we sold our rental property in Portland. Can this be listed as an expense?

Yes. it will go on schedule E as other expenses.

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We had to pay our tenants $4500 for relocation assistance when we sold our rental property in Portland. Can this be listed as an expense?

Yes. it will go on schedule E as other expenses.

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