my yearly condo fee $4212 included tenant water cable bill , this condominium have 58 units.This units yearly cable water bill total $68654 My question is, can I dived condo utility expensive to 58, and can I claim to water and basic cable IRS
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Yes, you can claim all ordinary and necessary rental expenses in any reasonable manner-without duplicating expenses.
To enter rental expenses
· Type in rental property in the search box, top right of your screen, then hit Enter key
· Click the jump to rental property link in the search results
· Follow to prompts and online instructions
Yes, you can claim all ordinary and necessary rental expenses in any reasonable manner-without duplicating expenses.
To enter rental expenses
· Type in rental property in the search box, top right of your screen, then hit Enter key
· Click the jump to rental property link in the search results
· Follow to prompts and online instructions
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