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Can I claim a deduction for personal storage rent
The rent for my personal storage is over $4,000
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April 14, 2021
10:08 AM
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Investors and rental owners
Yes, you can if the storage costs are to be claimed as moving expenses. However, you should check your eligibility for this to see if you qualify:
- Transportation and storage costs: This applies to household items and even includes boats and trailers, and covers packing, hauling, movers, in-transit storage, and insurance.
For further information, please see our TurboTax article: Who Can Claim Moving Expenses?
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Thank you
December 17, 2021
10:50 AM