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pollykyle
New Member

Can i deduct wages for my work on my rental property? This would be for landscaping, trimming bushes etc?

I own a rental house and do some of the work myself.
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Coleen3
Intuit Alumni

Can i deduct wages for my work on my rental property? This would be for landscaping, trimming bushes etc?

No, per Publication 535.

Payments in kind. If you provide services to pay a business expense, the amount you can deduct is limited to your out­of-­pocket costs. You cannot deduct the cost of your own labor. Similarly, if you pay a business expense in goods or other property, you can deduct only what the property costs you. If these costs are included in the cost of goods sold, do not deduct them again as a business expense.

https://www.irs.gov/pub/irs-pdf/p535.pdf

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1 Reply
Coleen3
Intuit Alumni

Can i deduct wages for my work on my rental property? This would be for landscaping, trimming bushes etc?

No, per Publication 535.

Payments in kind. If you provide services to pay a business expense, the amount you can deduct is limited to your out­of-­pocket costs. You cannot deduct the cost of your own labor. Similarly, if you pay a business expense in goods or other property, you can deduct only what the property costs you. If these costs are included in the cost of goods sold, do not deduct them again as a business expense.

https://www.irs.gov/pub/irs-pdf/p535.pdf

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