Hal_Al
Level 15

Investors & landlords

The 250 hour rule governs whether you can claim your rental as a "business" for purposes of claiming the new (staring in 2018) QBI (Qualified Business Income) deduction.  

 

There is no 250 hour rule for being able to deduct a new asset, under  $2500, as an expense.  You may deduct the the cost of a new refrigerator as an expense.