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Rental house appliance expense percentage
I looked through the similar topics but did not see......
We purchased a new refrigerator for our rental property.
When I entered the cost as an "expense" (not a depreciated asset), the top display Tax Due/Refund only changed by 10% of the $750 I entered.
Why?
I also can't find a chart of which expenses for rentals or business (we have multiples of each) are deductible at any given percentage. is one available somewhere?
Thanks
I also can't find a
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‎April 11, 2022
11:51 AM