IreneS
Intuit Alumni

Investors & landlords

 

UPDATED FOR TAX YEAR 2019

 

Yes - While you cannot take Section 179 deduction for the residential rental property, itself,   you can use Section 179 to deduct tangible, long-term personal property.  This includes, for example, kitchen appliances, carpets, drapes, or blinds. 

 

[Edited | 4/15/2020 | 1:35pm PDT]

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post