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Updated about 7 years ago,
Deduct cost of inspection for property I didn't end up buying?
Hi, (I know you can't post authentic tax advise, just looking for general tips, thanks!)
I paid for 2 inspections on 2 rental homes that I did NOT end up buying. I kept shopping and finally bought a third rental property.
Might the costs of the first 2 inspections be deductible somewhere? I don't have a LLC, I file Sch E for my properties as pass-thru income. Thanks for any ideas, I will take them to my accountant!