Did You Know the Energy Certificate Expense Can Be Deducted in IRS for Rentals?

Did You Know the Energy Certificate Expense Can Be Deducted in IRS for Rentals?

Considering that the issuance of the Energy Certificate is mandatory for renting a property, the associated expense can be deducted in IRS, under category F.
According to Article 41, number 1, of the IRS Code, it states that “all expenses actually incurred and paid by the taxpayer to obtain or guarantee such income, including rent insurance, are deductible for each property or part of a property, except for financial expenses, depreciation, expenses related to furniture, appliances, comfort or decoration items, as well as the municipal property tax surcharge.”

If you need an energy certificate for your property, contact us.

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