lameri
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No, this is the tax return for the rental owner, so it is an expense. Just wondering where it should go, misc?
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It is an expense the owners have due to HOA fumigation in their rental. How can that be personal?
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@Anonymous_I have surely tried but not managed to do it on that page.All I see is current values.
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Further note that your basis for depreciation would generally be the lesser of your adjusted basis or fair market value on the date of conversion to business us...
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@CarlSo then why is the percentage of business use taken? I thought the philosophy of the actual expense method is to get the proration.
Activity Feed for lameri
- Cheered Re: Where can a hotel room for tenants (due to fumigation by the HOA) be deducted? for TomK2023. March 30, 2024 2:53 AM
- Posted Re: Where can a hotel room for tenants (due to fumigation by the HOA) be deducted? on Investors & landlords. March 28, 2024 10:57 AM
- Posted Re: Where can a hotel room for tenants (due to fumigation by the HOA) be deducted? on Investors & landlords. March 27, 2024 10:44 AM
- Posted Where can a hotel room for tenants (due to fumigation by the HOA) be deducted? on Investors & landlords. March 27, 2024 10:26 AM
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