Re:RealPage rent-pricing case wraps with nearly $360M to ren...
by jasode on Saturday November 07, 2026 @10:51AM
(#50405556)
>Except you can write off those $1400 units as $2400 of losses that will offset profits
No, the IRS doesn't allow tax deductions for the "missing rents" of unrented units. IRS only allows deducting ongoing expenses such as "maintenance, insurance, taxes, and interest," :
The IRS does allow tax deductions for "uncollected rents" but that's only for "bad debt" type of scenarios of signed lease contracts which creates an obligation to pay. Unrented units don't count in that scenario because there are no legally binding leases.
No, the IRS doesn't allow tax deductions for the "missing rents" of unrented units. IRS only allows deducting ongoing expenses such as "maintenance, insurance, taxes, and interest," :
https://www.irs.gov/pub/irs-pdf/p527.pdf
The IRS does allow tax deductions for "uncollected rents" but that's only for "bad debt" type of scenarios of signed lease contracts which creates an obligation to pay. Unrented units don't count in that scenario because there are no legally binding leases.