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Updated over 11 years ago on .

User Stats

80
Posts
1
Votes
Ty Wesley
  • Philadelphia , PA
1
Votes |
80
Posts

Center City Philadelphia, PA Condos??

Ty Wesley
  • Philadelphia , PA
Posted

To anyone who rents out condos in center city of Philly (my home town) or in your hometown, is it true that you can write off the HOA fees for your unit on your taxes??

I've read in a lot different articles that this is allowed, but some say ALL of the HOA fees for a rental unit are deductible. Others say that only PART of the HOA fees are deductible.

Any and all replies will be read and greatly appreciated, but if you have experience in leasing out condos in the center city philly area please feel free to give me your input on this question.

Thanks again BP members !!