General Landlording & Rental Properties
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 about 5 years ago,
Can I pay myself for snow removal, yard work, and other jobs?
Hello, I am new to the rental property arena. Currently have one duplex with aspirations to buy more in the near future. To minimize expenses I am doing light jobs at the property. Snow removal, mowing, painting, etc. is it possible to "pay myself" for the duties and/ or the depreciation of my tools? Thanks in advance for any feedback!