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Can i expense the moving of the contents of one rental property that was sold, to a new rental property on schedule E?

gennarostella
Level 3
client sold a furnished rental property and purchased a new rental property...she moved the contents from old to new...can i expense the moving costs on schedule E , if so, how to categorize
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gennarostella
Level 3

i like your thought process...I agree

Thanks

View solution in original post

4 Comments 4
dascpa
Level 11

Off the cuff what would be the difference if you moved your office from one location to another?  If for profit activities it would be an ordinary and necessary expense.  But I'm sure someone here will shoot me down for posting off the cuff.

gennarostella
Level 3

i like your thought process...I agree

Thanks

Camp1040
Level 10

It appears to be an ordinary and necessary expense, I would call it delivery expense on the other expense line, I wouldn't  want to us the word moving!

gennarostella
Level 3

thanks so much for this!

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