gennarostella
Level 3
04-08-2022
02:51 PM
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client sold a furnished rental property and purchased a new rental property...she moved the contents from old to new...can i expense the moving costs on schedule E , if so, how to categorize
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dascpa
Level 11
04-08-2022
03:00 PM
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Off the cuff what would be the difference if you moved your office from one location to another? If for profit activities it would be an ordinary and necessary expense. But I'm sure someone here will shoot me down for posting off the cuff.
gennarostella
Level 3
Camp1040
Level 11
04-08-2022
05:39 PM
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It appears to be an ordinary and necessary expense, I would call it delivery expense on the other expense line, I wouldn't want to us the word moving!
gennarostella
Level 3
04-10-2022
07:16 AM
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thanks so much for this!
