Claiming start-up costs as "Other expenses" in Schedule E

“Every Landlord's Tax Deduction Guide” 15th Ed.  P219

You used to have to attach a separate written statement to your tax
return electing to claim start-up expenses as a current deduction. This
is no longer required. Instead, you are automatically deemed to have
made the election for the year in which your business began. All you
must do is list your start-up costs as “Other expenses” on your Schedule
E (or other appropriate return). You don’t have to specifically identify
the deducted amounts as start-up expenditures for the election to be
effective. However, if you have more than $5,000 in start-up expenses,
you must amortize (deduct) the excess over 180 months. To do so, you
must complete and attach IRS Form 4562 to your return for the first tax
year you are in business.

所有跟帖： 

• 需要成立LLC之后才能claim吗？还是只要有出租房都可以？ -kcfx- ♀ (0 bytes) () 09/25/2022 postreply 10:16:00

• 出租房就可以，但必须是在一个地区买的第一个出租房。 -常云- ♂ (0 bytes) () 09/25/2022 postreply 14:50:34