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Messages - dcrefugee

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I upgraded a kitchen to a rental property in February 2017.  Have tried to find the best way to handle this capital improvement to the property to depreciate over time as I plan on holding the property.  There really is not anything concrete as to how I should handle this with some articles indicating that in the haste of writing the legislation it was not completed to address residential rental property improvements.  Any direction as to where I can find more about this would be much appreciated.  Are we waiting for the IRS to write rules to address?  Thank you in advance! 

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Greetings, looking for a tax professional with a “Wealthy Accountant” mentality for tax and estate planning.  I live in the DC-VA-MD area but happy to work with anyone comfortable with virtual consultations in other locations.  Happy to expand more if you reach out personally.  Respectfully, -brian

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