Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

assessments

barbgreenx
Level 3

Good Morning

 I Have a client that rented out their Condo for the entire year. When its rental property can the Monthly assessments be written off as an expense?

Thank you in advance, you guy's are great!

B Green

Labels (1)
0 Cheers
3 Replies 3
IRonMaN
Level 15

Yes

ACME Taxes, Tatoos, Tires and Tomatoes (I had to get rid of the turtles - they kept running away)
barbgreenx
Level 3

Yes Welcome to Walmart your easiest questions today! Lol thanks 

IRonMaN
Level 15

You betcha!

ACME Taxes, Tatoos, Tires and Tomatoes (I had to get rid of the turtles - they kept running away)