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Have the exact same question.
Safe harbor allow you to deduct expenses that total less than $10,000 in the year that the occur instead of capitalizing certain items and spready the expenses over the depreciation life of an improvement.
Safe Harbor Election for Small Taxpayers
You are not required to capitalize as an improvement, and therefore may be permitted to deduct, the costs of work performed on owned or leased buildings, e.g., repairs, maintenance, improvements or similar costs, that fall into the safe harbor election for small taxpayers. The requirements of the safe harbor election for small taxpayers are:
And with the newly released section 199A, you are able to take the QBID and be eligible for the 20% deduction.
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