Skip to content
Tax, SDIRAs & Cost Segregation

User Stats

946
Posts
153
Votes
Mark Forest
  • Real Estate Investor
  • Fenton, MI
153
Votes |
946
Posts

Utility expenses for taxes

Mark Forest
  • Real Estate Investor
  • Fenton, MI
Posted Dec 10 2012, 19:37

I have already had my question answered here about having to capitalize fix up costs prior to getting a tenant inside the rental. Are utility expenses (electric, gas, water) incurred before getting a tenant allowed to be expensed for tax purposes or do I also have to include these with the initial cost?

Loading replies...