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What deductions can I write off at 100 Percent on rental property ? Does it have to be taken as a depreciation over a certain amount of years. I won't live that long.

 
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What deductions can I write off at 100 Percent on rental property ? Does it have to be taken as a depreciation over a certain amount of years. I won't live that long.

The following rental expenses can be fully deductible in the year paid:

  • Advertising
  • Cleaning and maintenance
  • Commissions
  • Homeowner association dues and condo fees
  • Insurance premiums
  • Interest expense
  • Local property taxes
  • Management fees
  • Pest control
  • Professional fees
  • Rental of equipment
  • Rents you paid to others
  • Repairs
  • Supplies
  • Trash removal fees
  • Travel expenses
  • Utilities
  • Yard maintenance


What deductions can I write off at 100 Percent on rental property ? Does it have to be taken as a depreciation over a certain amount of years. I won't live that long.

The "Rent Paid to Others"  . What does this mean, would the RV Space Rent I paid for two months while cleaning up a hoarding rental house we own .. would this qualify under that item number?

What deductions can I write off at 100 Percent on rental property ? Does it have to be taken as a depreciation over a certain amount of years. I won't live that long.

If the RV rent was necessary to clean up your boarding house, you can deduct it.
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