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Old 02-13-2016, 06:35 PM
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MissAnn MissAnn is offline
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Default New Air Conditioner/Heater Unit

How do I deduct this? Depreciation?
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Old 02-14-2016, 08:00 AM
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Default expenses

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Originally Posted by MissAnn View Post
How do I deduct this? Depreciation?
If it cost less than $2,500 you can deduct the business portion in one year. If it costs more you would depreciate it over 39 years. However, there is also a new rule that may allow you to deduct it in one year: http://tomcopelandblog.com/when-is-a...t-now-a-repair
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Old 06-08-2021, 06:44 AM
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I deduct the portion in one year. But how to deduct the repairing costs?
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Old 06-08-2021, 06:44 AM
martiscore
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I wonder too how to deduct conditioner repairing costs.
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Old 06-08-2021, 07:43 AM
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Default Repair

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Originally Posted by sadpomoi View Post
I deduct the portion in one year. But how to deduct the repairing costs?
You can always deduct the business portion of a repair in one year, regardless of the cost. Apply your time-space%.
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Old 06-08-2021, 07:44 AM
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Default Repair

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Originally Posted by martiscore View Post
I wonder too how to deduct conditioner repairing costs.
Same answer as above. Apply your time-space% and deduct in one year.
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