topic Re: How do I record the expense of a major appliance for a rental property? As an Asset or as a deductible expense? in Investors & landlords

How do I record the expense of a major appliance for a rental property? As an Asset or as a deductible expense?

LeeB6 — Wed, 04 Feb 2026 08:05:31 GMT

I had to replace a refrigerator and a washer/dryer. I'm not sure of the best way to enter these costs. Are they Assets or expenses? thx

Re: How do I record the expense of a major appliance for a rental property? As an Asset or as a deductible expense?

Mike9241 — Tue, 14 Oct 2025 16:10:09 GMT

you may be able to expense them by using the De Minimis safe Harbor Election - items costing less than $2500. if they are below that threshold and you do not make the election capitalize and depreciate

see this webpage for details

https://accountinginsights.org/de-minimis-safe-harbor-rules-for-rental-property-owners/

Re: How do I record the expense of a major appliance for a rental property? As an Asset or as a deductible expense?

LeeB6 — Wed, 15 Oct 2025 00:39:54 GMT

Thank you!

(I endured three 2FA challenges just to be able to log in to thank you.) 😉