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New Member
posted May 29, 2020 9:39:35 PM

Can i claim accountant fee as an expense towards rental income?

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Level 15
Jun 1, 2020 5:36:56 PM

Yes, you can claim accounting and tax preparation fees you incur for your rental property. Claim this deduction on Line 8860 of the T776 - Statement of Real Estate Rentals as Professional Fees (includes legal and accounting fees).