Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago,
Schedule E - Where to put shared expenses?
Where do you put your "shared" expenses on a Schedule E? I have four rental properties, and there are some costs shared between them. For instance, an umbrella insurance policy, supplies, PO box rental expenses, travel expenses, home office expenses.
What's the best practice here? Divide the costs up by four and allocate a portion to each property? Or just make "Property A" the grabbag place for all of these indirect expenses?