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Updated almost 7 years ago,

User Stats

22
Posts
7
Votes
Barri F.
  • Nashville, TN
7
Votes |
22
Posts

At What Point is it a Business Expense?

Barri F.
  • Nashville, TN
Posted

I am moving out of my residence and will be renting it out.  The dishwasher died, and I'd like to be able to treat the replacement as a business expense and get the tax advantage.  I don't mind washing dishes by hand for a while, so at what point should I replace the dishwasher?  Do I need to wait until I physically move out?  Or can I do it once I advertise the unit for rent?  Or some other option?

Similarly, the unit needs some painting done and I'd like to know the best timing for that.

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