Is Parking for a Rental a Deductible Expense?

[shipright]

Hey guys!

So my questions is does a parking spot, not formally connected to the mortgage or property itself but separately contracted and included in the rental agreement, count as a deductible expense for my rental?

Its an urban condo that didn't come with a parking spot on purchase, which is fine for me and my mustashian ways but not so much you average area renter.

[tralfamadorian]

Yes, if you leased a parking space for your renter to use then it is deductible.

[shipright]

Thanks, I figured as much but its my first time reporting this rental so I wanted to ask.