Submitted By: someone
Answered: July 22, 2018 10:59 pm

I own rental property and have made some expenditures. Can I use a safe harbor for an immediate deduction?

Instead of depreciating certain expenditures, you may be able to use an IRS-created de minimis safe harbor to deduct these costs (up to $2,500 per item or invoice). You can find more about the safe harbor from the IRS at Also keep in mind that in 2018, you can use 100% bonus depreciation to write off the full cost of equipment and machinery as well as certain capital improvements to commercial realty.

Tax Glossary

Real property

Land and the buildings on land. Buildings are depreciable.

More terms