TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Level 1

Question

Can I deduct repairs (carpet, paint, etc) on a rental property that I sold after the tenants moved out?

Forum|Forum|7 years ago
June 3, 2019
1 reply
13 views

Should the costs be under rental repairs because they were made necessary by tenants or as part of the selling costs?

TurboTax Self Employed Online

Level 15

If you continued to advertise and have the house available for rent after the tenants moved out and while the property was for sale, then the expenses would be considered rental expenses and can be deducted on Schedule E.

If the property was not made available for rent during that time, then the repair expenses are considered personal expenses and would not be deducted. Costs of improvements (such as the carpet) can be added to the basis of the property.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"