topic How to file expenses not tied to rental property in Deductions & credits

How to file expenses not tied to rental property

WI_Rentals — Wed, 11 Feb 2026 03:28:23 GMT

My wife and I started an LLC in 2023 for rental properties. We purchased two duplexes in 2023. My question is how do I file expenses incurred that are not directly tied to a specific rental property? Example expenses are LLC setup fees, mileage to view properties we did not purchase, and general office supplies. Do I file Schedule C for these even though all income is from rents and is included on Schedule E?

Re: How to file expenses not tied to rental property

ThomasM125 — Thu, 15 Feb 2024 21:02:28 GMT

You would enter the expenses on the rental property schedule E. You should split them between the two properties, based on a reasonable criteria, such as yearly rental income received from each property. They would not be reported on a schedule C, as that is just for non-rental business activities.

Re: How to file expenses not tied to rental property

WI_Rentals — Thu, 15 Feb 2024 21:25:33 GMT

Sounds reasonable, thank you.