ttran28
New Member

Investors & landlords

Great!  Thank You! one more question please... I just think about it right now... have to ask your advice my repair expenses deducted for the damage is $2,881.90 after subtract insurance claim check , since it is over $1,000 can I report as expenses or capital improvement and have to depreciate through the year?  I would like to take it as expenses but not sure... like to do the right thing! Thanks!