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Tax deduction for owner repairs
Yep, if the replacement carpet is less than $300 you claim it in full.- depreciator
- Post #10
- Forum: Accounting and Tax
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D
Tax deduction for owner repairs
You have been repairing damage/deterioration that occurred while you were renting out the property? I reckon that would be fine. You can't claim your own labour though.- depreciator
- Post #2
- Forum: Accounting and Tax