Deductible Expenses

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  • wdmmom
    Advanced Daycare.com
    • Mar 2011
    • 2713

    Deductible Expenses

    Is lawn maintenance a taxable deduction...more specifically grass seed, gas for the mower, weed and pest control, etc?

    What about carpet on a staircase and the labor associated?

    A vacuum? (Just bought a Dyson and absolutely LOVE it! Sure it was expensive but it sure beats spending $200 every other year replacing the other ones!)

    And what about flooring? Our laminate floor is in need of replacement and it extends from the entryway to the back door and includes the main floor bathroom (used solely for daycare) and the kitchen.
  • TomCopeland
    Business Author/Trainer
    • Jun 2010
    • 3062

    #2
    deductions

    Originally posted by wdmmom
    Is lawn maintenance a taxable deduction...more specifically grass seed, gas for the mower, weed and pest control, etc?

    What about carpet on a staircase and the labor associated?

    A vacuum? (Just bought a Dyson and absolutely LOVE it! Sure it was expensive but it sure beats spending $200 every other year replacing the other ones!)

    And what about flooring? Our laminate floor is in need of replacement and it extends from the entryway to the back door and includes the main floor bathroom (used solely for daycare) and the kitchen.
    Lawn maintenance is tax deductible. Multiply by your time-space % and claim in one year.
    Carpet is a 15 year improvement. You can use the 50% bonus rule.
    Vacuum is tax deductible. Multiply by your time-space % and claim in one year
    Laminate floor is depreciated over 7 years and you can use the 50
    % bonus rule.
    http://www.tomcopelandblog.com

    Comment

    • Unregistered

      #3
      Tom, I was sure in the past, you had said 7 years on carpeting???

      Yikes!
      hope Im not in trouble!

      Comment

      • TomCopeland
        Business Author/Trainer
        • Jun 2010
        • 3062

        #4
        deductions

        Originally posted by Unregistered
        Tom, I was sure in the past, you had said 7 years on carpeting???

        Yikes!
        hope Im not in trouble!
        You are right! Carpeting is 7 year property. My mistake.
        http://www.tomcopelandblog.com

        Comment

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