Maintenance expense on rental property
By Marc Sevitz · Updated
I own a property that I rent out for the last 30 years and the perimeter fence is damaged beyond repair . Can I claim the cost of the new fence as a maintenance expense. Thanks
Are you merely replacing the fence or are you installing something new and remarkably different?
Merely replacing the fence, and the original fence is of better quality than the replacement fence, so I have gained nothing but have lost as I could not afford to put another original fence in . I have retained a photo of the old fence for SARS to compare.
Thanks , Very helpful
Only a pleasure!