Netflix has a pair of power-hitters coming up to bat in the coming weeks: The acclaimed prison comedy/drama Orange Is the New Black returns for a third season on June 12, and the week before that the Wachowskis and Babylon 5 creator J. Michael Straczynski will introduce their new sci-fi drama Sense8.
Remodel and Repair. Repairs to a home are not tax deductible. It is firmly enshrined in US tax law. If you have to fix a broken floor, you can't claim it; however, if fixing the floor is part of a larger plan for remodeling the kitchen, you probably can claim it as a tax deduction.
It includes information on the expenses you can deduct if you rent a condominium or cooperative apartment, if you rent part of your property, or if you change your property to rental use. Depreciation, which you can also deduct from your rental income, is discussed later. When to deduct.ou can deduct the rent you pay for property that you use for rental purposes. If you buy a leasehold for rental purposes, you can deduct an equal part of the cost each year over the term of the lease. Rental of equipment.