- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Okay, so once I put in in service for March 2020, since I haven't filed my 2019 taxes yet, I can start to expense all of the repairs, or do I have to wait until 2020 to get the deduction?
I know I can begin the depreciation in March 2020, when I put my property in service, but when can I expense all of my repairs for 2019? Can I expense them when I file my taxes for this year (2019) after March 2020 or next calendar year (2020)?
This part still isn't clear to me.
‎February 18, 2020
9:20 PM