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Investors & landlords
Hi. I'm planning to house hack next year on my 1st property (being a live in landlord and rent out 3 rooms). If I were to buy appliances like fridge, washer, dryer, how do I go about taking the deduction? Can I expense 100% as my start up cost or am I only allowed to expense 75% since I will be using those appliances. I will also furnishingvthe house with my personal properties i.e. couch, dinning table. How do I take a deduction for the use of personal properties? Thank you so much in advance.
‎October 21, 2020
10:50 PM