Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 10 years ago,
ADU Tax help
I Own and live in a SFR with an ADU(auxiliary dwelling unit) in portland or.
the Adu I rent out and have been using a 70/30 breakdown for the valuation of the property for depreciation & tax purposes( based on sq ft.)
this year I replaced the siding on the main house and Adu and painted as well (paid a contractor).
My question is for the siding bill can I claim the whole expense because it improved the ascetic of the rental, or should I only deduct 30% to keep consistent with the depreciation %?
Thanks!