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    rental

    I know we have answered this before..but my brain is stuck in the mud right now.

    Very elderly client has a rental house. In 2009 she had a little income but people wouldn't get out of house and really make a wreck of it. She didn't rent it in 2010....needs so much work and she is very old and has had a stroke. In fact, they put the house up for sale.

    Do I put the Sch E in the return this year and claim the depreciation and taxes on the property? I am thinking I can't do that. But just wanted to make sure.

    Linda, EA

    #2
    Since it was not "available" for rent, no Sche E. But real estate taxes would still be deductible on Sche A, if she could itemize.

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      #3
      some homeless person probably is camping out there....not paying any rent. It was available to them.

      That is what I thought.

      Linda, EA

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