2007-03-03 06:24:07 · 4 answers · asked by battleben 1 in Business & Finance ➔ Taxes ➔ United States
typically, condo fees cover maintenance, which are not deductible. if for some reason the real estate taxes are included in the condo fee then you could deduct those taxes. If you rent then the owner of the condo would pay the real estate taxes and would get the deduction. Rent is not deductible.
2007-03-03 07:40:27 · answer #1 · answered by RichManPoorMan 2 · 0⤊ 0⤋
No, your condo fees aren't deductible.
2007-03-03 20:30:12 · answer #2 · answered by Judy 7 · 1⤊ 0⤋
Homeowners' association charges. These charges are not deductible because they are imposed by the homeowners' association, rather than the state or local government
Publication 17
2007-03-03 16:02:53 · answer #3 · answered by Rob 7 · 2⤊ 0⤋
You can deduct your property taxes if you own; you can deduct your rent if you do that, so those fees would "seem" to be something allowable.
2007-03-03 14:31:54 · answer #4 · answered by littleredhen 3 · 0⤊ 3⤋