If one hasn't closed on a house yet, but wants to buy some supplies before the closing date, is that ok for tax purposes?

So I found one at an office supply store, filled it out, and asked the landlord to sign it.

I usually budget 10% of rental income for maintenance/repairs/supplies, but the number on the pro forma was higher, so I used it.

home office supplies and home office deductionAdvertising costsMaybe cell phone and Internet if used for business?

@Jegan Basha let me speak to your points in order:The apartment investment cycle arises out of the fact that there is a lag between growth in demand for apartments and when developers can provide new supply to meet the demand.

I buy the Avery "Clean Edge Business Cards" 200 pack from the office supply store and create my own on my own computer/printer.

Office supplies.

Perhaps the promoter volume is exceeding their supply of informed people to interact with them.

However, with this type of business, I question the amount of subcontractors that could be stopping by constantly to pick up supplies, drop of paperwork, etc.

. - partner with another investor who supplies the down payment while I do the property management.