If there’s a gas leak and it’s going to cost $2,000 to fix before it explodes do you want it fixed?

One major example of this is shelter and gas inflation, which both industries show is way down, but the CPI has up for September. 

It could be a gas card that you use to fill up your tank and pay off every month. 

.💡 Utilities – If you pay for water, gas, or electricity, those are deductible.🧹 Cleaning & Landscaping Services – Routine upkeep expenses.💼 Professional Fees – Legal, accounting, or property management services.🧑‍🔧 Contractor Labor & Supplies – Any materials or hired help for property improvements.🚗 Mileage/Travel – When traveling to inspect or manage rental properties (keep mileage logs).💻 Office Supplies & Software – Including bookkeeping tools, printers, and even part of your home office.Creative Ways to Give Back — and Still SaveGiving back can also be tax-deductible when done thoughtfully:🎁 Tenant Appreciation Gifts: Small gifts such as gift cards, snacks, or holiday baskets (under $25 per tenant per IRS rules) can be deductible as a business expense.🏘️ Community Donations: Contributing to local charities, shelters, or community events near your property may be tax-deductible if donated to a registered nonprofit (501(c)(3)).🧤 Property Improvement Drives: Donating old appliances, furniture, or materials from renovations to nonprofit organizations like Habitat for Humanity can qualify as a charitable deduction.Pro Tip:Before December 31st, review your receipts, invoices, and bank statements.

In my experience gas baseboards or mini splits aren't much cheaper.

The issues seem to be Baltimore Gas and Electric takes forever to do an inspection - 3 months sometimes. 

Especially in older building or converted buildings from single family, we want tenants to have own electric meters and heat either electric or gas. 

  ( this is very LOW )   But I'm stuck with them until March 2019.Taxes ~$2200 / yr Insurance: $98 / moTenants pay Electric, Owner pays all others - gas (steam) heat, water, sewer, landscaping, snow removalI can easily raise these to 800+ in their current condition. 

But if you take mileage, you generally can’t also deduct gas and repairs.

., AI infrastructure demands), partially offset by declining oil/natural gas prices.