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If my rental property manager deducts the cost of new flooring from his disbursement to me, do I have to expense it, list it as a new asset, or an improvement?
I purchased the flooring materials myself online, and the property manager hired and paid an installer, and deducted the cost from the rental income, before disbursing to me. How should I handle this on my return?
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‎June 6, 2019
11:02 AM