Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

2
Posts
1
Votes
Mike Bach
  • Investor
  • Kansas City, MO
1
Votes |
2
Posts

Is it possible to claim tax deduction for cash paid labor?

Mike Bach
  • Investor
  • Kansas City, MO
Posted

Say you spent a thousand or two on small repairs like; tree services, fix some cracks in the wall, fix water pump. And paid cash for the labor. Can you include this in your tax expenses for your rental unit ?

Most Popular Reply

User Stats

5,544
Posts
2,364
Votes
Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
2,364
Votes |
5,544
Posts
Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
Replied

yes, but pray you never have an audit.  If the value of CASH payments creates a red flag, you will regret not having proof.

Loading replies...