Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Feb 4, 2020 9:58:17 AM

I have a renter in my home. Do I include house and earthquake insurance with my other utility expenses ?

0 1 193
1 Replies
Expert Alumni
Feb 4, 2020 10:14:06 AM

Only the business portion of the earthquake insurance could be deductible reducing the rental income.

 

Please click on Tax Topic 415 Renting Residential and Vacation Property. This goes into details and resources for mixed-use rentals.