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Updated over 4 years ago,
Can I take items from rental property that I own?
I own a rental property. Over time, I have purchased various items for the rental property and taken tax deductions when I did so. For example, I purchased a lawn mower for the rental that tenants cut with. I have purchased refrigerators and stoves, etc. Legally speaking, am I ever allowed to take those items and keep them for myself?
I plan to buy my tenant a new fridge. Am I allowed to keep the old fridge for personal use? What are the legal guidelines here if any? Looking for advice, thanks!