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NeverMarryAStripper

Certifiably Surly
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Posts posted by NeverMarryAStripper

  1. On 7/23/2018 at 7:30 PM, T’Boo Ted Marshall said:

    Most of it does need to be done.
    Some foundation and master bath overhaul.

    I thought I had read somewhere in the tax code that renovation costs on rentals could be fully depreciated in this (2018) tax year.

    It mainly boils down to me whining and not wanting to spend the dough.

    I think you can under Section 179.  You may have to place the property "in service" prior to expending the money though and you would have to classify your rental operations as a "business" for tax purposes.

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