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Rental Repair?????

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    #1

    Rental Repair?????

    I have a client with a 750.00 bill to repair the shower in bathroom where cracked and had water damage in a rental house. The handyman also included on the bill amount to replace floor. The total is only 750.00 so I'm thinking repair expense and not capitalized. Anyone 2nd that?
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    #2
    Originally posted by Super Mom View Post
    I have a client with a 750.00 bill to repair the shower in bathroom where cracked and had water damage in a rental house. The handyman also included on the bill amount to replace floor. The total is only 750.00 so I'm thinking repair expense and not capitalized. Anyone 2nd that?
    $750! Repair cost. Deduct!
    Taxes after all are the dues that we pay for the privileges of membership in an organized society. - FDR

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      #3
      I second that. It brings the rental back to its original condition which makes it a repair
      Believe nothing you have not personally researched and verified.

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