Investors & landlords

Thanks Rayw7

The part on the De Minimis Safe Harbor will be helpful for some of my expenses.  My floor cost $3000 and my cabinets $5500, installed.  So I can't use it for those expenses, but I am still hoping I can expense these two items.

 

My work was caused by water damage and mold...I returned the cabinets and floor to with like kind material.  I am not planning to raise the rent...I just wanted to get it back to where it was.  The floor was the exact same floor I had before.  The cabinets were new, so they are better condition but similar quality to what I had...builder quality.  I have seen other postings on using this rationale to expense these types of expenses.