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-   -   Deducting Apartment Rent from Taxes if one is vacant (https://www.askmehelpdesk.com/showthread.php?t=446347)

  • Feb 12, 2010, 02:21 PM
    IHATETAXES
    Deducting Apartment Rent from Taxes if one is vacant
    If one of your rental is vacant for 6 months can you take a detuction for lose of 6 months rent
  • Feb 12, 2010, 02:28 PM
    cdad

    Your loss would occur at the "gross" level. Are you trying to double up?
  • Feb 13, 2010, 12:25 AM
    MukatA

    It is not a loss. It is just that you do not have rental income for those 6 months. For rental property complete schedule E (Form 1040).
  • Feb 13, 2010, 02:23 PM
    IntlTax

    If you have expenses (real estate taxes, insurance, etc.) during the period held for rent, you may be able to deduct a net loss.

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