Taxes & bookkeeping
Schedule E, depreciation, receipts, record keeping.
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0votesReplaced a water heater. Can I deduct it all this year?
The water heater in one of my units broke last month. The new one cost $1,650 with installation. My brother-in-law says it's a repair and I can deduct all of it this year. Someone else told me water heaters have to be de…
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