Deduct Ordinary and Necessary Advertising Expenses


T

Tax Tip

Be sure to deduct any advertising expenses that are considered
“ordinary and necessary” for your rental property.

Common expenses can be advertisements on the radio, in the newspaper,
classified lists, and phone books. Other expenses may include the cost
of signs, banners, and postage for mailers.

You can even deduct the cost of advertising for vacancies, including
the cost of building a web site – just be sure that they are “ordinary
and necessary” for your rental activity.

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