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February 26, 2020
Question

I sold a rental property in 2019. I did painting, etc., myself. Can I deduct the time I spent? And if so, at what hourly rate?

  • February 26, 2020
  • 2 replies
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2 replies

Employee
February 26, 2020

"Can I deduct the time I spent?"

 

No, unfortunately you cannot deduct the value of your own labor.

 

 

Carl11_2
Employee
February 26, 2020

Can I deduct the time I spent?

No. You can not deduct from taxable income that which is not and can not be taxed in the first place.