Wednesday, July 7, 2010

Land Lords(Single family home rental?)I own a 2nd home in Arizona used as a rental income property .Are repair

and maintenace , I.E. paint, plumbing, appliance repairs and property mgmt. fees a write off similar to any ';cost of doing business'; write offs?Land Lords(Single family home rental?)I own a 2nd home in Arizona used as a rental income property .Are repair
I'm taking an income tax class right now, and from what I've read, you can deduct those maintenance expenses. I'd recommend that you actually go and see a tax professional about this, as it gets difficult to decide what is and is not actually a deductable expense.

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