Discussion:Rental Property or not
From TaxAlmanac, A Free Online Resource
Note: You are using this website at your own risk, subject to our Disclaimer and Website Use and Contribution Terms.
From TaxAlmanac
Discussion Forum Index --> Basic Tax Questions --> Rental Property or not
Discussion Forum Index --> Tax Questions --> Rental Property or not
| 9 May 2008 | |
| Client purchased a property for residential rental in 2005. It was nerver rented or placed on the market to the public for rent because of mold problem and related litigations. Th
Is this considered a rental property and if not how do I report it. | |
Nancyshoemake (talk|edits) said: | 9 May 2008 |
| It doesn't sound as though it was available for rental due to the mold. I would capitalize the costs prior to rental. | |
To join in on this discussion, you must first
log in.
