"JJ" <nospam[at]nospam.com> wrote in message
news:9MSdnb_klZeJxirUnZ2dnUVZ_qvinZ2d[at]giganews.com...
- quote -

Form 8825 is where you report rental real estate activity for either a
partnership or an S Corporation. Why would you be using this form? Are you
filing a corporate or partnership return?

If you are filing a corporate or partnership return and you can't answer
this questions you in way over your head and I would strongly urge you to
get professional help.

Assuming everything else is kosher, HOA fees are usually deductible on the
rental scheduled.

Gene E. Utterback, EA, RFC, ABA

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All:

This is my first time filling out Form 8825 for a rental condo that I own.
Anyway, my question is: Can you subtract out the HOA fees on this form or
any form for that matter? Seems like it would be an expense.

Thanks,

JJ

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >