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 over 3 years ago, 07/23/2021
How to expense appliances?
I've recently learned how to run numbers for property depreciation as a contra asset, yada yada. Now we bought a new $600 fridge for the mobile home we're renting out that we paid $12,000 for. I'm taking the election this year as a real estate professional. Can someone please tell me how to log this expense on my books? (Expense vs depreciate) This unit cash flows nicely. Thanks.