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    IHATETAXES's Avatar
    IHATETAXES Posts: 1, Reputation: 1
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    #1

    Feb 12, 2010, 02:21 PM
    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
    cdad's Avatar
    cdad Posts: 12,700, Reputation: 1438
    Internet Research Expert
    		  
    #2

    Feb 12, 2010, 02:28 PM

    Your loss would occur at the "gross" level. Are you trying to double up?
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #3

    Feb 13, 2010, 12:25 AM

    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).
    IntlTax's Avatar
    IntlTax Posts: 831, Reputation: 23
    Tax Expert
    		  
    #4

    Feb 13, 2010, 02:23 PM

    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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