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April 1, 2025
Question

Rental property

  • April 1, 2025
  • 1 reply
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Can repairs made in 2024 be split and half be claimed on my 2025 form?

1 reply

SharonD007
April 1, 2025

It depends.  Did you pay for the repairs in 2025?  If so, you can claim the repairs on your 2025 tax return. If you paid for them in 2024, you must claim them on your 2024 tax return.  The repairs are claimed in the year that you pay them.

 

Refer to the TurboTax article Rental Real Estate and Taxes for more information.

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