Investors & landlords


@dmcy22 wrote:

 

Am I able to deduct or depreciate 1/2 of the cost of those? If so, where would I do this? 

 


 

Yes, you can deduct or depreciate the business percentage, and that likely seems to be 50%.

 

Furniture $200 and less can be deducted.  If you qualify for and make the "De Minimis election", you may be able to deduct furniture that costs up to $2500.  Otherwise, it would be depreciated (usually over 5 years).