Pub 527 distinguishes between repairs and maintenance in some places, so it is not clear whether use of the word "maintain" includes repair or not.
You'll need to sign in or create an account to connect with an expert.
Both repairs and maintenance are expenses to keep the property in good order, so they are basically the same. Contrast with an "improvement" where the intent is to add value or extend the useful life of the property. (Routine maintenance, even though it also "extends the useful life" is an expense similar to repairs.)
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
theDoc
New Member
sandesh09dec
New Member
snqbozik
New Member
stixoffire2
Level 3
Jeffrey_O_Anderson
New Member