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mohsadd77
March 16, 2025
Question

would replacing a broken appliance at rental property be considered repair or asset ?

  • March 16, 2025
  • 1 reply
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    1 reply

    A
    AnnetteB6
    March 16, 2025

    If it was replaced completely, that would typically be a new Asset for depreciation.  If the old one is still being used but needed work to keep going, then that is a repair.

     

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