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Other Rental Expenses

The following is a list of typical expenses that you may be able to deduct.

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Unfortunately, you cannot deduct the cost of your own labor if, for example, you paint a rental apartment or install a lock yourself instead of hiring a painter or a locksmith. However, if you hire a non-owner (such as your child or, possibly, your spouse), you can deduct the payments.

Remember that you must distinguish between repairs, which can be deducted in the year they are paid for, and improvements, which must be treated as a capital asset and depreciated over a time period that matches the class life of the asset.


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