Article Date:
May 2009


Word Count:
612

 

 

Rental Property Tax Rule Surprise—How to Avoid


 

To avoid draconian tax results, you never want to “improve” your rental property, and you especially never want to the take your rental property out of service to make the improvements.

 

In general, the repair deduction is 300 percent more valuable to your bottom line than an improvement is. See the article titled “Making Mold Removal a Repair and Not a Capital Expenditure” on page 5 of the July 2006 issue of Tax Reduction Letter (Vol. 15, No. 7) for ... Log in to view full article.

Log in to view full article
Already a subscriber?
 
Email Address

 
Password

Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
 
with a money-back guarantee