Updated about 6 years ago on .
Most recent reply
presented by
Delay new HVAC until LLC (for tax reasons)?
Quick help needed. Thanks in advance.
My HVAC on my 1 rental is due for an upgrade and I've got a date tentatively booked. But I'm also progressing to set up an LLC and transfer this rental into that.
For tax deductions, am I better off waiting until it's an expense for the LLC or does it not really matter because I can access the same tax deductions on my personal tax return?
CPA not yet signed up so stuck for professional advice on this.
GO AHEAD or WAIT?
Tnx
Most Popular Reply
Eamonn McElroy
#5 Tax, SDIRAs & Cost Segregation Contributor
- Accountant
- Atlanta, GA
- 1,764
- Votes |
- 1,982
- Posts


