kanikabangia
New Member

I am paying "Occupancy Fees" charges and have rented the unit. Question - is occupancy fees that I am paying to the builder tax deductible expense despite getting rent.

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‎April 30, 2024 4:22 AM
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TurboTaxSusan
Moderator
Moderator

Investors and rental owners

Yes, if you are renting out the property. If you are not using the property to earn income, then you can't claim "Occupancy Fees" as an expense.

 

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‎April 30, 2024 4:52 PM
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