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I own and live in a condo and pay a monthly condo fee to property management company. Are condo fees deductible? If so then where in turbo tax can i add it?
Just to be clear i do not rent out my condo to anyone..its where i live. I've seen answers mention condo fees go under "Management Fee" but i gather that applies to those renting out their condos to others (for rental income). That is not the case for me.
posted
October 30, 2019
6:36 PM
last updated
October 30, 2019
6:36 PM
1 Best answer
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I own and live in a condo and pay a monthly condo fee to property management company. Are condo fees deductible? If so then where in turbo tax can i add it?
Unfortunately not, the condo fees that you pay for your condo are not deductible.
October 30, 2019
6:36 PM
1 Reply
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I own and live in a condo and pay a monthly condo fee to property management company. Are condo fees deductible? If so then where in turbo tax can i add it?
Unfortunately not, the condo fees that you pay for your condo are not deductible.
October 30, 2019
6:36 PM