Real Estate Investors: Is that expenditure a Repair or Improvement?
- February 7, 2020
- Posted by: Ryan Carriere
- Category: Real Estate, Tax, Uncategorized
Determining whether an expenditure is a repair (expense) to write-off in the current year or an improvement (capitalized) to depreciate over many years sometimes causes confusion for the real estate investor and even a CPA. As always, the decision for whether a cost is a repair or an improvement will require reviewing the facts and circumstances.