Rental property deductions

mr350600 — Mon, 09 Mar 2026 08:39:14 GMT

What items are considered deductions vs depreciation. Can I choose one or the other? For example painting the interior and exteior of home

Re: Rental property deductions

HelenC12 — Wed, 09 Mar 2022 18:18:32 GMT

Repainting the exterior and interior of your residential rental property: By itself, the cost of painting the exterior or interior of a building is generally a currently deductible repair expense because merely painting isn't an improvement under the capitalization rules. Click here for the source.

Rental expenses, in most cases, are expenses of renting your property, such as maintenance, insurance, taxes, and interest.

Types of Expenses Listed below are the most common rental expenses. For additional expenses, see IRS Pub 527, starting on page 4.

• Advertising.

• Auto and travel expenses.

• Cleaning and maintenance.

• Commissions. • Depreciation.

• Insurance. • Interest (other).

• Legal and other professional fees.

• Local transportation expenses.

• Management fees.

• Mortgage interest paid to banks, etc.

• Points.

• Rental payments.

• Repairs.

• Taxes.

• Utilities

For examples of Improvements, see Table 1-1, page 5.

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Rental property deductions

Re: Rental property deductions