Discussion:Club dues paid for rental property
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| Revision as of 21:37, 1 April 2009 Rheacocpa (Talk | contribs) (To clarify this) ← Previous diff |
Revision as of 00:59, 2 April 2009 Jake (Talk | contribs) (Seems to me that) Next diff → |
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| {{ForumReplyPost|UserID=Rheacocpa|Date=1 April 2009|Text=To clarify this situation, client lives in Indiana and rental is in South Carolina. Rental sits on an island. To be competitive with other rentals on island, they joined this club.}} | {{ForumReplyPost|UserID=Rheacocpa|Date=1 April 2009|Text=To clarify this situation, client lives in Indiana and rental is in South Carolina. Rental sits on an island. To be competitive with other rentals on island, they joined this club.}} | ||
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| + | {{ForumReplyPost|UserID=Jake|Date=2 April 2009|Text=Seems to me that is the club membership is an amenity for the rental (and not for the personal use of the lessor)it would be a legit expense since the rental charge is obviously higher to cover that. Without the membership the rent woudl be lower or perhaps one could nto rent the property at all. Not really any different than if the rental came with cable tv or utilities. }} | ||
Revision as of 00:59, 2 April 2009
Discussion Forum Index --> Advanced Tax Questions --> Club dues paid for rental property
Discussion Forum Index --> Tax Questions --> Club dues paid for rental property
| 30 March 2009 | |
| I have a client that purchased a rental property in South Carolina. In order to be competitive with other properties, they joined a country club that allowed their renters to be able to golf and dine at the club. Publication 463 is clear that club dues are nondeductible. Are there any exceptions if these expenses are for a rental activity versus if they are for business purposes? | |
| 1 April 2009 | |
| To clarify this situation, client lives in Indiana and rental is in South Carolina. Rental sits on an island. To be competitive with other rentals on island, they joined this club. | |
| 2 April 2009 | |
| Seems to me that is the club membership is an amenity for the rental (and not for the personal use of the lessor)it would be a legit expense since the rental charge is obviously higher to cover that. Without the membership the rent woudl be lower or perhaps one could nto rent the property at all. Not really any different than if the rental came with cable tv or utilities. | |
