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Investors & landlords
Thank you, it seems like there is a an option (new for this year?), to claim these as expenses instead of assets? From TurboTax:
"This election is an option you can take each year that lets you write off some building improvements as expenses instead of assets. Expenses typically reduce your income by a larger amount than depreciating an asset over multiple years does. This means you could get a bigger refund."
Would this apply to our new hedge?
‎February 28, 2021
11:40 AM