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Reviews & Feedback
Updated over 13 years ago,
First Rental- Upgrades and taxes
I have wanted to get in to rentals for a while. Kept dragging my feet. Now I have to move and plan to rent out my current home.
Question- I planned to replace my front windows. Now I wonder if these could be claimed as repairs if a rental.
Can I replace these windows and claim as repairs as a deduction?
Does this get subtracted directly from the income I receive for rent?
I am still in the house. Can I do the repairs before a renter moves in?