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March 15, 2025
Question

CanI report rental property repair expenses

  • March 15, 2025
  • 1 reply
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Can I report rental property repair expenses for the previous year after the rental property has turned to personal use?

    1 reply

    PatriciaV
    March 16, 2025

    Rental expenses are deductible only in the year they are paid. You may need to amend your prior year return to report repair expenses you didn't use last year.

     

    Expenses incurred after the property is converted to personal use are not deductible. Property taxes and mortgage interest may be included as itemized deductions on Schedule A. But other expenses to repair or maintain a personal residence are not deductible.

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