You have a good example for RE tax reporting.

来源: 2015-02-06 11:16:33 [博客] [旧帖] [给我悄悄话] 本文已被阅读:

1. Appliances are 5 year depreciation properties. So each year you deduct 20% (sorry, if you have a lot of properties like me, you have to keep track the depreciation schedule for each piece of appliance.)
2. Fixing a leak: plumbing cost is repair, deducted fully.
3. Paint the house: can be repair or capital improvement. If you painted before your unit was occupied, it should be considered capital improvement. Otherwise it is repair.