RobertB4444
Employee Tax Expert

Get your taxes done using TurboTax

You only qualify for section 179 deduction if your rental property qualifies as a business.  If it is a passive investment (which is what most schedule E rent homes are) then it does not qualify.

 

You may qualify for bonus depreciation which will allow you to write off 60% of the cost this year.  

 

@charjean47 

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