RobertB4444
Expert Alumni

Investors & landlords

Given the details in this message I think that I might just capitalize the whole thing.  But you have good ideas here.  Just document the process that you use to make the division between repairs and improvements.  Whatever you decide - to use square footage as a tool or capitalize the first two assessments and expense the 3rd, etc. - just make sure that you're prepared to explain it to anyone who asks.

 

@taxtime9999 

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