Can I deduct my own labor on my rental ?

[gpaschen48]

I completely  repaired a rental unit how much is considered repair ?

[DoninGA]

No.  The cost of your own labor cannot be used as an expense on the rental property that you own.

[Critter-3]

Hense the term "sweat equity" was born. 

[VolvoGirl]

And 2 thoughts.....Who is to say how much you can charge yourself?  $100 per hour, 500 per hour or more?  And then you would also have to claim that as your income so it would be a wash.  

[Carl]

You can not deduct that which can not be taxed in the first place.