@Carl, is there a potential to use"Safe Harbor Election for Small Taxpayers" to deduct instead of the capitalization? It's likely to be below the 2% of the buil...
I do prefer to claim as an expense vs depreciating over 5y as it will help to offset the profit (depreciation on my property is not enough to offset the rent). ...
Carl,Just like you, I have three rentals and I am not looking to qualify for QBI. However, could I still qualify to deduct an appliance under 2.5k under the saf...
It is my understanding that for a "plain vanilla" rental property one is unlikely to qualify as a business and therefore would not be able to claimde minimis el...