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June 1, 2019
Solved

I received a new roof and some interior repairs as part of an insurance claim, and my deductible for the claim was $1000. Can I deduct it, and where?

  • June 1, 2019
  • 1 reply
  • 0 views
This is on a rental property not my main home.
Best answer by MichaelL1

Yes, deduct as Misc rental expense, put in narrative something like, Out of pocket cost for damage. Then dollar amount.

1 reply

MichaelL1
MichaelL1Answer
Employee
June 1, 2019

Yes, deduct as Misc rental expense, put in narrative something like, Out of pocket cost for damage. Then dollar amount.