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Updated about 13 years ago on . Most recent reply presented by

User Stats

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

Inspection fees on another house I did not buy

Mark Forest
  • Real Estate Investor
  • Fenton, MI
Posted

As I have already posted I have three rental properties I acquired in 2012, and one I have had for three years. That makes four rental properties I owned in 2012. Of the three I acquired in 2012 only one of them was rented out in 2012. Thus I cannot take depreciation on the other two for 2012.

My question here is that I paid $300.00 in 2012 for inspection fees on another property I considered acquiring. I decided not to buy that house. Where can I take this deduction? As I have said, I do not have one corporate property management company. I am a sole proprietor owning houses. Can I lump it in to the one house I have had for three years and has tenants?

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