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Level 1
June 6, 2019
Solved

My rental property condo association made a special assessment(insurance deductible)in 2016. Can I claim that deduction for 2016 or do I have to wait for 2017?

  • June 6, 2019
  • 1 reply
  • 28 views

Bill was due February 15, 2017.

Best answer by Zbucklyo

You expense the amount paid in the year that you paid it.

1 reply

ZbucklyoAnswer
Level 8
June 6, 2019

You expense the amount paid in the year that you paid it.