About "How to Categorize..."

Properly categorizing the many types of income and expenses associated with rental property can be a daunting task. Knowing when to capitalize something instead of expensing it can sometimes trip up even the most experienced investor. Ask questions, discuss with other investors, and offer guidance based on your personal experience.

Please remember that this discussion is to be used for informational purposes only. Nothing contained herein should be construed as tax, accounting, legal, or investment advice. Always consult a qualified CPA before making final decisions about how to categorize line items for tax reporting purposes!