I bought a computer to help me manage rental property and for personal use. How can i claim this expense?

andrewmvillarrea — Sat, 01 Jun 2019 00:37:01 GMT

Hello, It is unlikely that you will be able to claim this...

BrandonS — Sat, 01 Jun 2019 00:37:03 GMT

Hello,

It is unlikely that you will be able to claim this expense:

To deduct workplace expenses, your total itemized deductions must exceed the standard deduction. You must also meet what’s called "the 2% floor." That is, the total of the expenses you deduct must be greater than 2% of your adjusted gross income, and you can deduct only the expenses over that amount.

From: https://turbotax.intuit.com/tax-tools/tax-tips/Tax-Deductions-and-Credits/Employees-Can-Deduct-Workp...

However, you can review this answer to see if you can claim the computer and other expenses on your taxes: https://turbotax.intuit.com/tax-tools/tax-tips/Small-Business-Taxes/Taking-Business-Tax-Deductions/I...

Re: I bought a computer to help me manage rental property and for personal use. How can i claim this expense?

Carl — Sun, 16 Jun 2019 17:02:09 GMT

Are you a real estate professional?

topic I bought a computer to help me manage rental property and for personal use. How can i claim this expense? in Investors & landlords

I bought a computer to help me manage rental property and for personal use. How can i claim this expense?

Hello, It is unlikely that you will be able to claim this...

Re: I bought a computer to help me manage rental property and for personal use. How can i claim this expense?