cash deduction
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cash deduction (by john [CA]) Feb 3, 2017 7:10 PM
       cash deduction (by Moshe [CA]) Feb 3, 2017 7:51 PM
       cash deduction (by BRAD 20,000 [IN]) Feb 3, 2017 9:14 PM
       cash deduction (by John [CA]) Feb 3, 2017 11:14 PM
       cash deduction (by Jim in O C [CA]) Feb 4, 2017 4:17 AM
       cash deduction (by Amy [MO]) Feb 4, 2017 6:43 AM
       cash deduction (by Kyle [IN]) Feb 4, 2017 7:37 AM
       cash deduction (by Ray-N-Pa [PA]) Feb 5, 2017 11:39 AM

cash deduction (by john [CA]) Posted on: Feb 3, 2017 7:10 PM
Message:

State Specific Question About: CALIFORNIA (CA)

Is a cash for keys payment to get a tenant to vacate deductible for a landlord? --75.33.xxx.xxx



cash deduction (by Moshe [CA]) Posted on: Feb 3, 2017 7:51 PM
Message:

YES.

--47.139.xx.xxx



cash deduction (by BRAD 20,000 [IN]) Posted on: Feb 3, 2017 9:14 PM
Message:

You could list it as returned rent or refunded deposit.

BRAD --73.146.xxx.xxx



cash deduction (by John [CA]) Posted on: Feb 3, 2017 11:14 PM
Message:

I don,t think returned rent or refunded deposit is deductable? --75.33.xxx.xxx



cash deduction (by Jim in O C [CA]) Posted on: Feb 4, 2017 4:17 AM
Message:

I would call it moving expense and a cost of doing business. A 1099 to the tenant would be a plus. --108.89.xxx.xxx



cash deduction (by Amy [MO]) Posted on: Feb 4, 2017 6:43 AM
Message:

It's an expense; cost of doing business. I would say yes. --136.32.xxx.xxx



cash deduction (by Kyle [IN]) Posted on: Feb 4, 2017 7:37 AM
Message:

Yes. You can deduct any ordinary and necessary business expenses. --68.38.xxx.xx



cash deduction (by Ray-N-Pa [PA]) Posted on: Feb 5, 2017 11:39 AM
Message:

Yes - especially if you are using a cash basis for your accounting --24.239.xx.xxx



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