Is Your Fee a Tax-Deductible Expense? Is Your Fee a Tax Deductible Expense? Answer Yes, our fee is an allowable deduction as an expense to maintain your investment. By having your property professionally managed you are actually reducing your overall cost. For instance, if you choose to manage your property yourself your time and effort generally cannot be deducted from your income taxes. This concept represents an important tax consideration in your decision to have professional property management. *Please consult your CPA for any tax information and strategies. (Click your Back Button to Continue with Questions)