Biz Write-Offs LogoBiz Write-Offs

LLC fees for a rental property

$50-$800/yr

Can You Write Off LLC Fees for a Rental Property?

Short answer: Yes: state LLC filing fees, annual report fees, and registered agent costs for a rental LLC are deductible.

A single-member LLC's rental still goes on Schedule E.

Records to keep: Keep leases, receipts, a log of repairs vs improvements, mileage to the property, and closing statements.