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Updated almost 6 years ago,

User Stats

44
Posts
9
Votes
Travis Turnbull
  • Lender
  • Spanish Fort, AL
9
Votes |
44
Posts

Write Offs for tax season

Travis Turnbull
  • Lender
  • Spanish Fort, AL
Posted

Hi Everybody,

Quick question here about taxes. If you put all of your expenses for minor renovations for your rental on a Home Depot CC would it be appropriate to just deduct your actual payments for the year that you made on it? Or do you need to plug in every single charge and what is was for. Also can you deduct CC interest for your renovations? Thank you.

-Travis

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