Expenses you can deduct

You can deduct any reasonable expenses you incur to earn rental income. The two basic types of expenses are current expenses and capital expenses.

For more information on what we consider a current or capital expense, see Current expenses or capital expenses.

Some expenses your incur are not deductible. For more information see Expenses you cannot deduct.

If you are modifying a building to accommodate persons with disabilities, buying an older building, or encounter other situations, see Capital expenses - Special situations.

The following is a list of expenses that are deductible:

Forms and publications

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