A landlord just purchased an expensive snowblower to clear the walk-ways of his rental properties. Can he “Section 179 expense” his new snowblower, or is he out of luck?
The answer to this question is a bit complicated. Which is why you should read my fact-filled new article titled Tax Tips for Landlord’s Snowblower Deduction.
Three ways our fact-filled article can help you:
- We’ll help you determine if you’re “in business” as a landlord. You may own a property and think, quite reasonably, that you’re a landlord. But the IRS may have different ideas. Find out what “in business” means to the IRS when you read the full article.
- We’ve got good news for you. If you’re in the business of being a landlord, then the assets you use to run your business — like a desk, chair, printer, or fax machine — qualify for Section 179 expensing, with one exception. Find out what it is when you read the full article.
- We’ll provide real-life examples that makes complicated issues easy to understand. This is something the Tax Reduction Letter always does. Get valuable information you just won’t find anyplace else when you read the full article.