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If a vacation condo has zero days rented because of hurricane repairs, can the expenses be deducted?

Buddy71
Level 2
 
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6 Comments 6
IRonMaN
Level 15

Was it available for rent during that period?  They didn't receive insurance proceeds to offset the repair costs?


Slava Ukraini!
qbteachmt
Level 15

Are you asking about Repairs as if that is expense, or are you asking about operating costs while it was not available for rent?

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Buddy71
Level 2

Operating costs such as utilities, condo association fees, cleaning/maintenance, mileage, insurance, etc.  Owers did not rent it for the entire year while repairs were being made on the unit.  If zero is plugged in for number of days rented and zero for personal days used, the software will only allow mortgage interest and real estate taxes to be transferred to Schedule A.  No other expenses are allowed.  What you think?

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qbteachmt
Level 15

"What you think?"

I think you still need to answer the IronyMan's questions.

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"Level Up" is a gaming function, not a real life function.
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Buddy71
Level 2

It was available for rent but could not be occupied while repairs were being made.  Operating expenses are what I'm concerned about.  Software will not allow any expenses if zero is plugged in days rented.

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taxes96786
Level 9

Have you read the IRS instructions?

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