Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   Can a overseas GS worker depreciate his home in the States (https://www.askmehelpdesk.com/showthread.php?t=290352)

  • Dec 9, 2008, 05:06 PM
    BAUM2954
    Can a overseas GS worker depreciate his home in the States
    I am a U. S. Federal Empoyee that is stationed overseas, and I receive a non-taxable housing allowance for the place I am renting while overseas. However, I have a home in Virginia that is unoccupied and due to the homeowner rules cannot be used as rental property. Under these circumstances may I depreciate the house? Deduct all of the expences used to keep the house in good repair (water, electric and gas, insurance, security alarm etc)?
  • Dec 10, 2008, 01:17 PM
    AtlantaTaxExpert
    Sorry, but unless the property is a rental property, you CANNOT deduct any of the maintenance/upkeep costs, nor can you depreciate it.

  • All times are GMT -7. The time now is 04:05 PM.