Are Home owner association fees tax deductible?

Answer Your tax attorney can answer your question directly. Assessments pay for maintenance, upkeep and protection of real estate assets, and these expenses are not normally tax deductible.

Top Q&A For: Are Home owner association fees tax deductible

How much Home Owner Association fees?

The term 'fees' implies an option: associations levy assessments against owners in order to pay bills that preserve, maintain and protect real estate assets owned in common by all owners. These are... Read More »

What Do Home Owner Association Fees Cover?

Exact coverage varies by location, but homeowner association fees typically cover maintenance and repair of common areas in a development. This includes insurance, electricity, landscaping, trash c... Read More »

Can Home Owner Association charge attorney fees to homeowners for a citation written by a lawyer?

Read your governing documents to determine how the fees should be charged, whether they should be charged to a limited number of owners, or to all owners in the association. Apparently, a citation ... Read More »

Where to live in hillsborough county without paying for home owner association fees?

A local realtor -- you don't define the location of 'hillsborough county' -- can help you find a place to live that is not involved with an association.