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Are the HOA dues on my condo rental property tax deductible

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? It was my...
Are the HOA dues on my condo rental property tax deductible ? It was my primary residence but I'm finding an apartment close to my work and now renting out my condo.
Submitted: 8 years ago.Category: Tax
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12/1/2009
Tax Professional: Jon Andrews, Certified Public Accountant (CPA) replied 8 years ago
Jon Andrews
Jon Andrews, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 3,118
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The HOA dues will be deductible during the time which the condo is rented or held for rent.

The HOA dues during the time the condo was your primary residence are not deductible

 

jon

Jon Andrews
Jon Andrews, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 3,118
Experience: I deal with all levels of tax planning and controversy - from the ordinary to the complex.
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