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Safe Harbor for small taxpayers
I have two rental properties. Each had improvements in 2023 that cost less than $10,000, but more than $10,000 if you add the improvements together. Can I take the $10,000 Safe Harbor of each property, or do I have to combine them? Different types of project: selective flooring replacement in one, selective window replacement in other.
‎April 7, 2024
8:31 AM