How I determine the portion which can be used as expense from condo fee where condo fee composed of utilities and maintenance?

[malikmh61]

I own condominium apartment and rented for x amount per moth inclusive of utilities.  I pay for the condominium fee which covers all and maintenance fee.  so How do I separate utility and maintenance fees?  can I claim / expense full condominium fee or portion and if portion, what % age?

[Delphision · Accepted solution]

The condo fees are a valid expense against rental income.  You should be able to claim it all, although if the fees are more than the rent, you may have to carry a loss.