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Updated about 3 years ago,

User Stats

130
Posts
114
Votes
Travis Frenchak
  • Investor
  • Butler, PA
114
Votes |
130
Posts

Writing off 100% of improvements first year

Travis Frenchak
  • Investor
  • Butler, PA
Posted

Is it possible to write off 100% of the repairs/improvements in the first year instead of taking it over a longer term? I put about $70k into a buy and hold this year and would like to write it all off. I understand this may not be the most advantageous thing to do long term but I'm trying to save some tax money this year. 

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