Maintenance expenses may be written off at their full cost and include activities such as patching walls, repairing broken windows or repairing appliances. Capital expenses that must be depreciated are those that contribute to the value of your home or lengthen its useful life, such as a new roof, an addition or a renovated basement. Administrative expenses may also be written off in full and include advertising for your apartment, credit checks or legal fees. Contracting with a property management company falls under this category.
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