Rasmey Rentals » work http://www.ramsey-rentals.com Mon, 13 Dec 2010 04:29:55 +0000 en hourly 1 http://wordpress.org/?v=3.0.4 Can I deduct improvements made on my rental property if I work with a property manager or only if I manage? http://www.ramsey-rentals.com/can-i-deduct-improvements-made-on-my-rental-property-if-i-work-with-a-property-manager-or-only-if-i-manage/ http://www.ramsey-rentals.com/can-i-deduct-improvements-made-on-my-rental-property-if-i-work-with-a-property-manager-or-only-if-i-manage/#comments Tue, 26 Jan 2010 13:33:42 +0000 http://www.ramsey-rentals.com/can-i-deduct-improvements-made-on-my-rental-property-if-i-work-with-a-property-manager-or-only-if-i-manage/ I am planning to rent out my house. I have made considerable renovations to the property. I was told that I could write these home improvements off when my house becomes a rental prop. What I am not clear on is whether I can write things off if I am working with a property management company or if I must manage the property myself. I am not sure if there is a difference.

I would appreciate any clarification on this from people in the know! I want to be assured that I can write off these improvements, as it exceeds $25,000 at this point. Thanks.

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