Repairs and Maintenance
Whether you are a landlord, Airbnb host, or sole proprietor you may be eligible to deduct repair and maintenance expenses you incur in the course of operating your business. Repairs and maintenance typically do not increase an asset's value or extend its useful life, rather they simply keep it in normal operating condition. Repair and maintenance costs may include incidental materials and supplies, inspection, cleaning and testing costs. Generally, these expenses are fully deductible in the year they are incurred.