When managing a rental property, knowing the difference between repairs and improvements is key. Repairs are minor fixes like repainting, fixing doors, or replacing broken items — these are usually tax-deductible. Improvements, such as installing new appliances or expanding rooms, increase property value and can’t be claimed immediately. To stay organized, record every expense and keep invoices as proof for tax deductions. Doing small repairs regularly also prevents costly problems later and keeps your tenants satisfied. Tasks like repainting walls or touching up damaged areas are common maintenance jobs that help preserve property value. For quality and lasting results, you can rely on Quest Paintings to handle all painting and surface repair needs. When you understand what qualifies as a repair versus an improvement, you can claim correctly, save more at tax time, and maintain your rental property without stress.
Claiming Rental Property Repairs: What You Can & Can’t Claim (The Ultimate Guide)