Question

I am a landlord who uses a pretty fancy snowblower to clear my rental properties. I just purchased this new snowblower, and I want to know if I can use Section 179 expensing on it. (J.T., Minneapolis, Minn.)

Answer

Perhaps! The answer to your question depends on the types of property you own and your landlord activities.

See the article titled “Rental Property Business Tax Attributes” for a discussion of when the landlord is “in business” for purposes of ... Log in to view full article.