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dman77
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  • Re: Deductible Expenses

    OK, perfect. Thanks. Would work I've done to replace the flooring and windows go in that same area? Or that would be under remodel?
    dman77
    1
    Updated Feb 16, 2022

  • Re: Deductible Expenses

    Yeah, I understand that. Thanks.Would this get included under the "Any Property Improvements Made?" Section and added to the Remodeling total? Or would it go on...
    dman77
    3
    Updated Feb 16, 2022

  • Re: Deductible Expenses

    Thanks so much for this info! Can I only deduct it under safe harbor de-minimus if I bought it in 2021? I bought it in 2019 before it was a rental.
    dman77
    5
    Updated Feb 16, 2022

  • Re: Deductible Expenses

    Thank you! I'm not exactly sure where to add the Water heater cost in turbo tax to increase the cost basis. Would this get included under the "Any Property Impr...
    dman77
    7
    Updated Feb 16, 2022
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