Anonymous
Not applicable

Investors & landlords

Does the cost of interior painting, which was done as part of the whole project, need to be separated out as a repair, and is there a way to do that without an itemized invoice?

 

yes it can be deducted as a repair but you have to know the amount.  If audited the IRS might want to see the bill. so contact the contractor to see if they will provide a more detailed invoice. 


The new flooring had to be replaced in one room after just a few months, before the property was even rented. Would I be correct in including this cost as a repair?   

 

was the new flooring that had to be replaced part of the $25,000?  who paid for the replacement? how much?  did you recover anything from the contractor for the substandard work? 

 

it would seem the original new flooring would be a capital cost while the cost of replacement would be the repair.