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Updated 11 days ago, 11/16/2024

User Stats

20
Posts
13
Votes
Jose Botello
  • New to Real Estate
  • Southeast Missouri
13
Votes |
20
Posts

Repairs and upgrades to one side of a duplex

Jose Botello
  • New to Real Estate
  • Southeast Missouri
Posted

If I purchase a duplex and live in one side and decide to renovate the side I’m living in. Can I write off/ deduct my expenses for the renovation?

I would be doing this to be able to rent it out in the future at a higher rental rate. 

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