This F/Y coming to an end and like everyone looking to maximize deductions !
An IP I own needs new gutters as they have rusted out pre bad .
If i get them replaced and get the company to state on the invoice that the old gutters were in need of repair will the new gutters be written off or depreciated ?
Theodore
Gutters and tax
An IP I own needs new gutters as they have rusted out pre bad .
If i get them replaced and get the company to state on the invoice that the old gutters were in need of repair will the new gutters be written off or depreciated ?
Theodore
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