- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
If you made all these changes before you made the house available for rent, then they get added into the basis of the house as an improvement.
If you refinished the floors after the house was made available for rent, then they are an expense, categorized as a repair.
This article explains more about how to categorize expenses for residential rental properties.
‎June 5, 2019
2:19 PM