Answer
Feb 06, 2024 - 01:05 AM
Capital expenditures typically increase your property's tax basis and are depreciated over time. Depreciation deductions reduce your cost basis.
Do capital expenses go towards your basis and other are just deductions? Mastering Rental Property Finances for Tax Season
Do capital expenses go towards your basis and other are just deductions?
Question ID: 6604675 Status:
Open Feb 06, 2025 - 01:05 AM
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