Structurally, surface rust is not a problem, and depending on the metal's thickness and alloy composition, a level of passivation may be reached. Regardless, it's best to correct surface rust as soon as you see it. The fix is not unlike general paint repair. Start by using an abrasive wheel or sandpaper [2] to cut through the paint and corrosion until clean, bright metal is visible. Next, apply primer, followed by paint [3] , then clear coat. Buff to blend the finishes [4] .
Rating Newest Oldest. Best Answer: Nope, sorry condo assessment fees and special assessments are not tax deducible. Keep track of the special assessments, though, because you could add that to your cost basis when you get ready to sell the condo. If you rented out a condo that you owned, then you could deduct all the assessment fees.
Calculating the Deduction. You can claim tax deductions for the ongoing business use of your basement as well, in addition to any construction costs. These expenses are not 100 percent deductible, however. You must calculate what percentage of your home â not just your basement â is dedicated to your work or business.If your new office takes up 10 percent of the total square footage of your home, you can deduct 10 percent of the expenses of maintaining your home.onstruction Costs. If you've already got a basement, turning it into a home office is more a matter of remodeling than building. The costs of doing so are 100 percent deductible.