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General Landlording & Rental Properties

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Nick Bleser
  • Investor
  • Northeast, WI
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65
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CapEx or Maintenance - New property 1st turnover

Nick Bleser
  • Investor
  • Northeast, WI
Posted Jul 31 2018, 13:55

We recently bought an 8-plex and just had our first move out. The tenant did a good job at cleaning it out but you can tell the landlords over the years haven't given it a lot of TLC. We decided to replace a lot of small things and I'm wondering if it's considered maintenance or capital expenditures from a tax deduction point of view. Examples would be new toilet, door knobs, light fixtures, blinds, faucets, etc. 

Can all these items plus labor be deducted?

Thanks BP community!

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