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June 6, 2019
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Rental property was For Sale in 2017 & sold in 2018. Some expenses for selling it occurred in 2017. Wait until next year to claim all expenses & profits together?

  • June 6, 2019
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Best answer by IsabellaG

Yes, the expenses for selling your property should be reported in 2018, when you report the sale.

1 reply

IsabellaG
IsabellaGAnswer
Employee
June 6, 2019

Yes, the expenses for selling your property should be reported in 2018, when you report the sale.

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