Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
M
mlbarrera81
February 17, 2025
Question

When you enter the total cost of your roof repair do you enter the amount you paid out of pocket?

  • February 17, 2025
  • 1 reply
  • 0 views
No text available

    1 reply

    D
    DavidD66
    February 17, 2025

    Yes.  If you have a rental or investment property for which you paid for roof repairs, you would only enter/report as an expense the portion that wasn't covered by insurance - your out of pocket expense.

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
      M
      mlbarrera81Author
      February 17, 2025

      Thank you!

      TurboTax Expert Assist
      TurboTax Expert

      Get answers to all your tax questions

      Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

      Terms & ConditionsAccessibility statement
      Intuit
      TurboTax Credit Karma QuickBooks MailChimp

      ©1997-2022 Intuit, Inc. All rights reserved.
      Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
      of Intuit Inc. Terms and conditions, features, support, pricing, and service options
      subject to change without notice.

      Security Certification of the TurboTax Online application has been performed by
      C-Level Security.

      By accessing and using this page you agree to the Terms of Use.

      Accessibility

      Manage cookies

      TRUSTe nResult Certified e-File C-Level Security Certification