Rental Property Tax Deductions: What Can Landlords Write Off?
Updated: Sep 25
A landlord replaces a broken faucet, installs a new HVAC system, pays property taxes and insurance, drives to inspect a rental, pays a property manager, replaces appliances, and renovates a bathroom.
It may be tempting to think, “They’re all rental expenses, so I can write them all off.” But the tax treatment may differ substantially from one expense to the next.
A broken faucet may be a current repair. A new HVAC system may need to be capitalized and depreciated. A trip to the property may require a documented rental-business purpose. A rental loss may be deductible when calculating rental income but still be limited when determining how much loss can reduce other income.
That is why rental property tax deductions should be reviewed by category—not simply collected into a long list of landlord write-offs. The important questions are:
What was the expense for?
Was it rental, personal, or mixed-use?
Was it an ordinary operating expense or a capital expenditure?
Is it currently deductible or recovered over time?
Do basis, at-risk, passive-activity, or other tax rules affect when the resulting loss can actually be used?
Florence Tax LLC helps rental-property owners evaluate these questions as part of year-round tax planning, rather than waiting until a tax return is being prepared.
Rental Property Tax Deductions: The Short Answer
Rental-property owners can generally deduct ordinary and necessary expenses related to managing, conserving, and maintaining rental property, subject to applicable federal and state rules and limitations.
Common categories of potentially deductible rental expenses include:
Mortgage interest
Real estate taxes
Landlord and property insurance
Repairs and maintenance
Property-management fees
Advertising and tenant-placement costs
Utilities paid by the owner
Cleaning and qualifying supplies
Professional fees related to the rental activity
Certain transportation and travel expenses
Depreciation
These categories do not all follow the same tax rules. Some expenses may be deducted in the year incurred. Others may need to be capitalized and recovered through depreciation or amortization. Mixed personal and rental expenses may need to be allocated. A rental loss may also be limited or suspended under passive-activity rules.
In other words, spending money on a rental property does not automatically mean the entire amount is deductible immediately. The classification, timing, use of the property, supporting records, and other facts matter.
The Four Tax Buckets Rental Property Owners Should Understand
A useful starting point is to place each expenditure into one of four broad tax categories.
1. Current Rental Operating Expenses
Ordinary and necessary costs associated with operating, managing, conserving, and maintaining a rental property may generally be deductible under applicable rules. Examples can include qualifying insurance, advertising, management fees, utilities paid by the owner, and routine repairs.
2. Capitalized and Depreciable Costs
Costs that acquire, improve, restore, or adapt property may need to be capitalized rather than deducted immediately. Capitalized costs generally become part of the property’s tax basis or the basis of a separate asset.
Identifying the correct bucket is often more important than asking only, “Can I write this off?”
A building and certain capitalized assets may generally be recovered over applicable depreciation periods rather than deducted entirely when purchased. The applicable recovery period depends on the type of property, the date it was placed in service, and current tax law.
3. Personal or Mixed-Use Expenses
Personal expenses do not become rental deductions merely because the taxpayer owns rental property. If a property or expense has both rental and personal use, the amounts may need to be allocated under the applicable rules.
Identifying the correct bucket is often more important than asking only, “Can I write this off?”
A building and certain capitalized assets may generally be recovered over applicable depreciation periods rather than deducted entirely when purchased. The applicable recovery period depends on the type of property, the date it was placed in service, and current tax law.
4. Deductions Subject to Additional Limitations
Some rental expenses may be properly deductible when calculating rental income or loss but still be subject to additional rules that affect whether the resulting loss can reduce other income in the current year.
Potential limitations can include passive-activity loss rules, at-risk limitations, basis limitations in certain ownership structures, personal-use rules, and other taxpayer-specific restrictions.
For example, a rental property may generate a tax loss after depreciation and other deductible expenses, but that does not necessarily mean the full loss can be used immediately against wages, business income, or other nonpassive income.
The timing of the tax benefit can depend on the taxpayer’s participation in the rental activity, income level, filing status, ownership structure, prior suspended losses, and other facts.
That is why rental-property owners should separate two questions: whether an expense is deductible when calculating the rental activity’s income or loss, and whether the resulting loss is currently allowed against other income.
Mortgage Interest on Rental Property
Interest on debt associated with rental property may generally be deductible as a rental expense when the debt and its use meet applicable requirements. This can include interest on financing used to acquire rental property and, depending on how the proceeds are used, interest associated with refinancing rental property. Refinancing does not automatically make all interest or financing costs deductible as rental expenses; tracing the use of the borrowed funds can matter.
The distinction between mortgage interest and mortgage principal is essential. A mortgage payment may include both:
Interest, which may be a rental expense when applicable
Principal, which generally reduces the loan balance and is not itself a current interest deduction
Therefore, the entire mortgage payment is not automatically deductible.
Refinancing can also introduce additional questions. Loan points, origination costs, and other financing expenses may receive different treatment from regular interest. The use of borrowed funds can matter as well, particularly when loan proceeds are used for more than one purpose. Maintaining records that show how borrowed funds were used can support the proper tax treatment.
How much mortgage interest can you write off on a rental property?
Rental-property mortgage interest is generally analyzed as an expense of the rental activity rather than automatically applying the personal-residence mortgage-interest rules used for itemized deductions. However, other interest limitations and passive-activity rules may apply depending on the taxpayer’s circumstances and the nature of the activity.
A mortgage-interest statement is important, but it does not replace reviewing the property’s use, the debt, and the activity as a whole.
Property Taxes on a Rental Property
Real estate taxes attributable to rental property may generally be treated as rental expenses, subject to applicable rules. This treatment is distinct from the personal state-and-local-tax deduction framework that may apply to an individual’s personal residence and other itemized deductions.
Special assessments require additional care. An assessment for a local improvement—such as an improvement to streets, sidewalks, or other property infrastructure—may need to be capitalized rather than deducted currently, depending on what the assessment represents.
The label “property tax” or “assessment” does not determine the result. The underlying purpose of the payment matters.
Rental Property Insurance
Qualifying insurance premiums related to rental operations may generally be deductible. Potential examples include:
Landlord insurance
Property coverage
Liability coverage
Certain rental-related insurance policies
Timing can matter. If a premium is prepaid for coverage extending beyond the current tax year, the deduction may need to be allocated over the applicable coverage period rather than claimed entirely when paid.
Insurance connected primarily to personal use may require different treatment. Similarly, not every insurance product purchased by a real estate investor is automatically a rental-property deduction.
Repairs and Maintenance
Repairs and maintenance are among the most common rental property tax deductions. Depending on the facts, potentially current repair or maintenance expenses may include:
Fixing a leak
Repairing broken hardware
Routine servicing of equipment
Repainting in appropriate circumstances
Replacing a small damaged component
Cleaning between tenants
The goal of a repair is generally to keep property in ordinarily efficient operating condition. However, the description on a contractor’s invoice does not necessarily control the tax treatment. An invoice labeled “repair” may relate to a larger improvement, restoration, or replacement that needs to be capitalized.
That is why it is useful to preserve detailed invoices, work descriptions, photographs when appropriate, and notes explaining what happened and why the work was performed.
Repairs vs. Improvements: Why the Difference Matters
A repair and an improvement can receive different tax treatment.
Under the general framework for tangible property, an expenditure may need to be capitalized if it results in a betterment, restoration, or adaptation of the property to a new or different use.
Betterment of the property
Restoration of the property or a major component
Adaptation of the property to a new or different use
For example, repairing part of a damaged roof may raise different questions from replacing an entire roof. Fixing an HVAC component may not be treated the same way as installing a new HVAC system. Repairing damaged cabinets may differ from completing a major kitchen renovation.
Similarly, replacing one broken window may not receive the same treatment as a broader renovation involving most of the property’s windows and structural components.
Cost alone does not necessarily determine whether an expenditure is a repair or improvement. The nature of the work, the condition of the property, the unit of property involved, and applicable tax rules all matter. Several tangible-property safe harbors may apply in appropriate circumstances, including the de minimis safe harbor, the routine-maintenance safe harbor, and a safe harbor for qualifying small taxpayers. Each has specific requirements, elections, and limitations, so none should be reduced to a blanket rule that every expenditure below a particular dollar amount is automatically deductible.
Before approving a major renovation, it can be useful to ask a tax professional how the expected work may affect current deductions, basis, depreciation, and future sale treatment.
What About Appliances, Flooring, HVAC Systems, and Other Major Purchases?
Expenditures for assets or major improvements may need to be capitalized and depreciated rather than deducted as current repairs. Examples can include:
Appliances
HVAC systems
Major flooring projects
Roof replacements
Structural improvements
Major renovations
Furniture in furnished rentals
The applicable recovery period and depreciation treatment depend on the type of asset, the date placed in service, current tax law, and other facts. An appliance purchased for a rental, for example, may be treated differently from a major structural improvement to the building.
This is one reason rental-property owners should track improvements and equipment separately from routine repairs. Combining everything into one “maintenance” category can make it difficult to determine basis and depreciation later.
Rental Property Depreciation
Depreciation is one of the most important rental-property deductions, but it is not an immediate deduction of the entire purchase price.
A residential rental building is generally recovered over time under applicable depreciation rules. Land is not depreciable, so the purchase price and other basis must generally be allocated between land and the depreciable building. Certain improvements and separate assets may have different recovery periods.
Depreciation generally begins when qualifying property is placed in service—meaning it is ready and available for its intended rental use—not necessarily when the property is purchased.
Depreciation can reduce taxable rental income while the property is owned, but it can also affect adjusted basis and the tax calculation when the property is eventually sold. Taxpayers generally should not assume they can simply skip allowable depreciation to avoid future consequences.
For a fuller discussion, see Rental Property Depreciation: How It Works and What Property Owners Need to Know. A broader review may also need to consider tax planning for real estate investors before a renovation, conversion, refinance, or sale.
Property Management Fees
Fees paid to a property-management company for managing a rental property are generally rental operating expenses when they are ordinary, necessary, and properly attributable to the rental activity.
Potential examples include:
Monthly management fees
Leasing fees
Tenant-placement services
Certain administrative services
The nature of the payment still matters. A fee related to acquiring a property, completing a capital project, or selling the property may need different treatment from an ordinary monthly management fee.
Advertising and Tenant-Placement Costs
Expenses for finding tenants may generally be connected to the rental activity. Examples can include:
Rental listings
Online or print advertising
Tenant-screening services paid by the owner
Leasing-related expenses
Keep records showing what was purchased, when it was purchased, and which property it related to. Payments that appear similar may receive different treatment if they relate to a property acquisition, a sale, or a capital project rather than ordinary tenant placement.
Utilities Paid by the Landlord
Qualifying utilities paid by the property owner for rental operations may generally be deductible. These can include:
Electricity
Water
Sewer
Trash
Gas
Internet when genuinely provided as part of the rental arrangement
If tenants reimburse the owner for utilities or other expenses, the reimbursement and income-reporting treatment must also be considered. If tenants reimburse the owner for utilities or other rental expenses, both the reimbursement and the related expense should be reviewed for proper income and expense reporting. A reimbursement does not necessarily mean the underlying expense simply disappears from the tax calculation.
HOA Fees and Similar Property Expenses
Ordinary homeowners association or condominium fees associated with rental operations may generally be deductible, depending on what the fees represent.
Special assessments for capital improvements can require different treatment. An assessment used to improve or replace a major common element may need to be capitalized rather than deducted as a routine fee.
Again, the name of the payment does not determine the deduction. The underlying purpose does.
Professional Fees
Professional fees related to operating and managing rental property may be deductible when they are ordinary, necessary, and properly attributable to the rental activity. Potential examples include:
Tax-preparation fees attributable to rental activity
Bookkeeping services
Property-management services
Legal services related to rental operations
Other professional services supporting the rental
Acquisition costs, sale costs, financing costs, and professional fees related to capital projects can receive different treatment. They should not automatically be treated as current operating deductions.
Travel and Transportation Expenses for Rental Property
Local transportation incurred primarily for legitimate rental-management or maintenance purposes may potentially qualify under applicable rules. Examples can include trips to:
Inspect the property
Meet contractors
Handle maintenance
Perform qualifying management activities
Documentation should generally establish the business purpose, date, destination, mileage where applicable, and connection to the rental activity. Personal errands should be separated from rental-business travel.
Overnight travel involves stricter substantiation and business-purpose considerations. A personal vacation does not become deductible simply because the owner visits a rental property during the trip. Travel deductions should be approached conservatively and supported by contemporaneous records.
Home Office Expenses for Rental Property Owners
A rental-property owner may qualify for a home-office deduction in some circumstances, but owning or managing rental property does not automatically establish eligibility. The result depends on the nature of the rental activity, the use of the home-office space, and the requirements applicable to the deduction.
Questions can include whether the space is used regularly and exclusively for qualifying business purposes and whether the rental activity meets the applicable requirements. This topic should be reviewed alongside the rest of the taxpayer’s business and rental activities.
Can You Deduct Your Own Labor?
Generally, a property owner does not create a tax deduction by assigning a dollar value to unpaid personal labor.
For example, an owner who spends a weekend painting a rental generally cannot deduct the value of their own time as though they had paid a contractor. Materials and qualifying third-party costs may have applicable tax treatment, but the owner’s unpaid labor is not ordinarily a deductible expense.
Can You Deduct the Cost of Buying the Rental Property?
Generally, the purchase price of a rental property is not deducted as a current operating expense.
The purchase price generally contributes to the property’s tax basis. Land and building values must be distinguished because land generally is not depreciable, while qualifying building basis may be recovered over time. Certain acquisition costs may also affect basis rather than becoming current deductions.
The closing statement, allocation of purchase price, and supporting records are important documents to retain. Reconstructing basis years later can be difficult, particularly after refinancing, major improvements, or changes in ownership.
What Expenses Occur Before the Property Is Available for Rent?
The concept of “placed in service” is especially important for newly acquired or converted rental property.
Expenses incurred before a property is ready and available for rent may receive different treatment from expenses incurred after it is placed in service. Renovations performed before the property is available to tenants may involve capitalization and basis issues rather than immediate rental deductions.
Simply buying a property does not necessarily mean depreciation and all rental deductions begin immediately. Before undertaking substantial pre-rental renovations, owners should consider the expected placed-in-service date and how each expenditure will be classified.
What If the Rental Property Is Vacant?
Temporary vacancy does not necessarily eliminate rental deductions if the property remains held out and available for rent and the owner is genuinely attempting to rent it.
The analysis can change if the owner converts the property to personal use, removes it from the rental market, or holds it for another purpose. Advertising, listing records, communications with prospective tenants, and other documentation may help demonstrate how the property was being used during the vacancy.
What If You Use the Rental Property Personally?
Mixed rental and personal use can materially change deduction rules. This can arise with:
Vacation homes
Seasonal rentals
Second homes rented for part of the year
Properties used personally by the owner or family
Expenses may need to be allocated between rental and personal use. A property does not become 100% rental-use property simply because it generated rental income during the year.
The number of personal-use days, rental days, the type of rental arrangement, and other facts can affect the treatment. Vacation-home rules should be reviewed before assuming that all property expenses are deductible against rental income.
What If You Rent the Property for Fewer Than 15 Days?
If a dwelling unit that is also used as a home is rented for fewer than 15 days during the tax year—generally 14 days or fewer—special federal rules can apply. In qualifying circumstances, the rental income generally is not included in gross income and rental expenses generally are not deducted as rental expenses. The property's personal use and other facts still matter, so this rule should not be applied merely by counting Airbnb or vacation-rental bookings.
Because this rule is fact-sensitive, owners should not apply the 15-day concept without reviewing the property’s use, rental income, and related expenses under current law.
Short-Term Rentals vs. Long-Term Rentals
Short-term rental activities can raise different questions from traditional long-term rentals, including:
Average period of customer use
Services provided to guests
Passive-activity characterization
Potential self-employment-tax considerations
Personal use
Local lodging taxes
For passive-activity purposes, some short-term rental activities may not be treated as “rental activities” at all. For example, an activity generally falls outside the rental-activity definition when the average period of customer use is seven days or less; other exceptions can apply when the average stay is 30 days or less and significant personal services are provided. That classification is separate from determining whether the owner materially participates.
Airbnb or other short-term rental income does not automatically follow exactly the same tax treatment as a long-term rental. For a focused discussion, see tax planning resources for real estate investors and consider the specific facts before claiming deductions.
If an Expense Is Deductible, Does It Always Reduce Your Taxes This Year?
Not necessarily.
There is an important difference between:
Whether an expense is deductible when calculating rental income or loss
Whether the resulting rental loss is currently allowed against wages, business income, or other income
Rental real estate is generally treated as passive under federal passive-activity rules unless an exception applies. As a result, rental losses can be limited or suspended. Suspended passive losses may carry forward and may become usable in a later year when the applicable requirements are met.
A special rental real estate allowance may apply in qualifying circumstances. Active participation, modified adjusted gross income, filing status, and other requirements can affect the result. Real Estate Professional status can materially change the passive-activity analysis, but status alone is not enough. The taxpayer must satisfy the Real Estate Professional requirements and materially participate in the applicable rental activity or activities for those rental losses to be treated as nonpassive.
“Deductible rental expense” does not automatically mean “dollar-for-dollar reduction of my salary or business income this year.”
The $25,000 Rental Real Estate Loss Allowance
For qualifying individuals who actively participate in rental real estate, the passive-activity rules may allow up to $25,000 of rental real estate loss against nonpassive income. The allowance generally begins to phase out as modified adjusted gross income exceeds $100,000 and is generally eliminated at $150,000, subject to filing-status and other rules. Married taxpayers filing separately are subject to different limitations, and the allowance may be unavailable depending on whether the spouses lived apart during the year.
The allowance also interacts with passive-activity rules. A taxpayer should not assume that having a rental loss means the full amount can be claimed against other income in the current year.
Rental Property Recordkeeping: What Should Landlords Keep?
Good records support both current deductions and future basis calculations. Consider retaining documentation for:
Rental income
Mortgage-interest statements
Property taxes
Insurance
Repairs
Contractor invoices
Improvements
Appliances and equipment
Property-management fees
Utilities
Advertising
Professional fees
Mileage and travel
Purchase closing statements
Refinance documents
Improvement dates and costs
Placed-in-service dates
Prior depreciation schedules
Separating repairs from capital improvements is particularly valuable. A bank or credit-card statement may show that a payment occurred, but it may not establish what was purchased, which property it related to, or whether the cost was a repair, improvement, personal expense, or another type of expenditure.
For improvements in particular, records may need to be retained well beyond the year of the expenditure because they can affect depreciation, adjusted basis, and the eventual sale of the property.
A Better Way to Review Rental Property Expenses
Florence Tax LLC’s planning-oriented review generally follows a structured process:
Step 1: Identify why the expense was incurred
Was it genuinely related to the rental activity, or did it also serve a personal purpose?
Step 2: Separate personal and rental use
Mixed expenses may need to be allocated rather than claimed entirely as rental deductions.
Step 3: Determine whether it is operating or capital
Was the cost for routine operation and maintenance, or did it acquire, improve, restore, or adapt property?
Step 4: Determine the applicable recovery method
The treatment may be a current deduction, capitalization, depreciation, amortization, or another method.
Step 5: Verify when the property or asset was placed in service
Timing can affect when depreciation and other deductions begin.
Step 6: Determine whether another tax limitation applies
Passive-activity rules and other limitations can affect the current benefit.
Step 7: Maintain supporting documentation
Records should support the amount, timing, business purpose, classification, and basis of the expenditure.
Step 8: Consider the future sale
Decisions made while owning the property can affect adjusted basis and the tax calculation when the property is eventually sold.
Common Rental Property Deduction Mistakes
Common problems include:
Deducting the entire mortgage payment and treating mortgage principal as interest
Depreciating land
Every renovation as repair and every minor repair capitalized
Assuming cost alone determines repair versus improvement
placed-in-service and immediate purchase-price deduction where appropriate
personal/rental expense and personal travel
Claiming a deduction for the owner’s own labor
Forgetting management or professional fees
Failing to track improvements separately
Assuming a deductible rental loss automatically offsets W-2 income
$25k allowance and every landlord REP
Treating a short-term rental exactly like a long-term rental
depreciation schedule and ignoring depreciation
Waiting until a property is sold to reconstruct years of basis records
Taxpayers generally cannot simply opt out of allowable depreciation to avoid future tax consequences. The “allowed or allowable” concept can affect basis and depreciation-related calculations even when depreciation was not properly claimed.
Questions to Ask Before Claiming a Rental Property Deduction
Before claiming an expense, ask:
Was this expense directly related to the rental?
Was there any personal use?
Was the property already placed in service?
Did the expense maintain the property or improve it?
Did I replace a component or substantially restore a larger unit of property?
Is the asset depreciable?
Do I know the property’s tax basis?
Do I have invoices and receipts?
Will this expenditure affect adjusted basis when I sell?
Am I planning a major renovation, refinancing, conversion, or sale that should be reviewed before the transaction occurs?
Rental Property Tax Deduction FAQs
What can you write off on a rental property?
Ordinary and necessary rental expenses may generally be deductible, including qualifying interest, property taxes, insurance, repairs, management fees, advertising, utilities, professional fees, and depreciation. Capital expenditures, personal expenses, and limited losses may receive different treatment.
Is mortgage interest deductible on rental property?
Mortgage interest attributable to a rental property may generally be deductible as a rental expense when applicable requirements are satisfied. Mortgage principal is not the same as interest and generally is not currently deductible.
Are property taxes deductible on rental property?
Property taxes attributable to rental property may generally be treated as rental expenses. Special assessments for improvements may need to be capitalized instead.
Can landlords deduct repairs?
Potentially, when the expenditure qualifies as a repair or maintenance cost rather than a capital improvement. The work’s nature and the applicable tangible-property rules matter.
Can you deduct a new roof on a rental property?
Replacing a roof commonly raises capitalization and depreciation questions rather than automatically qualifying as a current repair deduction. The facts and scope of the work should be reviewed.
Can you deduct appliances for a rental property?
Appliances can be depreciable rental assets. Their precise treatment depends on the type of asset, when it was placed in service, and applicable rules.
Can you deduct rental-property insurance?
Qualifying rental-related insurance premiums may generally be deductible, subject to applicable timing rules and allocation for any personal use.
Can you deduct property-management fees?
Generally, fees attributable to managing the rental may be deductible when ordinary and necessary. Payments connected to acquisition, sale, or capital projects may require different treatment.
Can you deduct travel to a rental property?
Potentially, when the travel has a legitimate rental-business purpose and the required records support the expense. Personal travel is not made deductible simply by visiting a rental property.
Can I deduct my own labor on a rental property?
Generally, no. An owner’s unpaid labor does not ordinarily create a deductible expense, although qualifying materials and third-party costs may have applicable treatment.
Can rental-property losses offset W-2 income?
Sometimes, but not automatically. Passive-activity limitations, the special rental real estate allowance, income limitations, and Real Estate Professional rules can affect whether a loss is currently usable.
Is depreciation optional on a rental property?
Depreciation should not be treated as a simple yes-or-no choice. The allowed-or-allowable concept can affect basis and later tax calculations even when depreciation that should have been claimed was omitted. Depreciation planning should be reviewed before filing and before a future sale.
Rental Property Tax Planning Should Happen Before the Expense
Many rental-property tax outcomes are affected by decisions made before:
A renovation
A major equipment purchase
A change in property use
A conversion from personal to rental use
A short-term rental conversion
A refinancing
A significant withdrawal or refinancing of property equity
A sale
A possible 1031 exchange
The most useful question is often not simply, “Can I deduct this?” It is, “How will this expenditure be treated now, while I own the property, and when I eventually sell it?”
That question can help owners consider current deductions, capitalization, depreciation, basis, passive losses, documentation, cash flow, and future tax consequences together.
Need Help Reviewing Your Rental Property Tax Strategy?
Florence Tax LLC can help rental-property owners understand how rental income, operating expenses, improvements, depreciation, passive losses, and future transactions fit together within a broader tax plan. Amber Rose Florence is an Enrolled Agent whose practice is focused on taxation, including tax planning and representation before the IRS.
Based in Prescott, Arizona, Florence Tax LLC works with qualifying rental-property owners in Yavapai County and clients across the United States. To discuss your circumstances, contact Florence Tax LLC about real estate investor tax planning.
The earlier a major renovation, property-use change, refinancing, or sale is reviewed, the more opportunity there may be to understand the tax consequences before the decision is finalized.
Disclaimer: This article is for general educational and informational purposes only and does not constitute individualized tax, legal, accounting, financial, investment, or real-estate advice. The deductibility and timing of rental-property expenses, capitalization, depreciation, passive losses, at-risk limitations, personal-use allocations, travel expenses, and other tax items depend on the property's use, taxpayer's activities, ownership structure, supporting records, applicable elections, and other facts and circumstances. Tax laws, annual limits, forms, regulations, and administrative guidance may change.
Readers should consult qualified tax, legal, financial, real-estate, or other appropriate professionals regarding their circumstances before making significant property, financing, renovation, depreciation, or disposition decisions. Florence Tax LLC and Amber Rose Florence should not be characterized as a CPA, attorney, financial advisor, investment advisor, real-estate broker, property manager, or investment professional.
This article does not promise that an expenditure will be deductible, that a rental loss will be currently usable, that a particular depreciation treatment will apply, or that a particular tax result will be achieved. Reading this article or using information provided on this website does not create a professional-client relationship with Florence Tax LLC.
