If you own your office building or other commercial or residential rental property, you are going to have some upkeep headaches.

Last month, in the article Rental Property, Often Missed: Add New Roof, Deduct the Old One, we explained how you come out ahead financially when you choose to deduct the old roof or other replaced components.

In this article, we elaborate on how deducting the replaced roof, elevator, HVAC, or other components adds to your cash flow and net worth.

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