Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
applesky918
New Member

Can I deduct the cost of removing a condemned house from my investment property?

 
2 Replies
Critter
Level 15

Can I deduct the cost of removing a condemned house from my investment property?

 
Critter
Level 15

Can I deduct the cost of removing a condemned house from my investment property?

The cost is not currently deductible. It is added to the basis of the land and is used when you sell the property.

Dynamic AdsDynamic Ads
v
Privacy Settings