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
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago, 08/26/2017
Expenses of repairs/upgrades between tenants
I have a rental property in a different state. How do you treat maintenance/upgrade work done between tenants? My tenant of 5 years has just vacated and there is much work involved such as:
1- Replacing carpets
2- Painting the interiors
3- Replacing locks with Landlord Locks
4- Replacing water heater that is 15+ years old.
5- Landscape (removing/trimming trees) etc.
6- Fixing light fixture
7- Repair broken windows, install missing screens
Secondly, I have a management company that is not very efficient in scheduling and arranging these repairs. If I send a family member to travel there to manage the above repairs, can I expense their travel & car rental costs? This is the only purpose of their travel.