HOA fees on primary residence and fence replacement

Forum|Forum|1 year ago
March 30, 2025
2 replies
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We pay HOA fees for garbage pickup and general stuff like street lights etc. on our primary residence. I did not see a spot in TTax to enter this expense.

Also, a hurricane blew down my fence and the HOA sent me a letter to get it replaced. Was the fence replacement deductible, and where would it have gone?

Best answer by KrisD15

Unless this is a rental property, HOA fees are not deductible.

You might be able to claim the repair of the fence if it was damaged during a Federally Declared Disaster.

HERE is the list

KrisD15Answer

Unless this is a rental property, HOA fees are not deductible.

You might be able to claim the repair of the fence if it was damaged during a Federally Declared Disaster.

HERE is the list

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GTWatsonAuthor

Thanks for the answer. I used the list you linked and Hurricane Beryl hit my area and took my fence down. I'll revisit the TTax deduction section to see if it helps. I do use the Standard Deduction since my mortgage is paid off and I don't deduct interest, so if the loss of the fence can't be itemized, I may be out of luck.

Thanks again.

KrisD15

For tax year 2024, you don't need to itemize to take a deduction for casualties occurring in a federally declared disaster, however the cost is reduced by 500.

There is no 10% of AGI reduction. This was an update in December 2024.

According to the IRS:

"Personal casualty and theft losses attributable to a qualified disaster loss are not subject to the 10% of the AGI reduction and the $100 reduction is increased to $500. "

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Eagle88

HOA fees are not deductible. Only property taxes and interest on the mortgage of your primary home. Keep a record of all improvement to you home. If you ever sell, those expenses can deduct from what you pay on capital gains. If this is a rental, it should be a deductible expense in the rental section.