Biz Write-Offs LogoBiz Write-Offs

Property management fees for landlords

8%-12% of rent

Can You Write Off Property Management Fees for Landlords?

Short answer: Yes: management fees are deductible rental expenses.

So are leasing fees, though some leasing commissions are amortized.

Records to keep: Keep receipts, 1099s and platform tax summaries, a mileage log, and a note of the business purpose.