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I attempted to refinance my rental property in 2012, but the appraisal came in low making it impossible. Can I consider the cost of the appraisal and rent schedule (close to $600) to be a rental expense?

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I'm making a wild guess here that you're from the US, right? – littleadv Feb 17 '13 at 19:38
Yes, I am in Texas. – Chris Ray Feb 17 '13 at 19:39
up vote 4 down vote accepted

I believe you can, under professional fees. To be sure, you should ask a professional tax preparer or tax adviser (CPA/EA).

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