"Ordinary and Necessary" Advertising Expenses that you can Deduct

Discussion in 'US Taxes' started by Tax Tip, Nov 6, 2008.

  1. Tax Tip

    Tax Tip Guest

    You can deduct any advertising expenses that are considered “ordinary
    and necessary” for your rental activity.

    Common landlord 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.

    The IRS will not have a problem with advertising expenses as long as
    they are “ordinary and necessary” for your rental activity.

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    Tax Tip, Nov 6, 2008
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