Biz Write-Offs LogoBiz Write-Offs

Commercial Appraisal

$385-$1540

Can You Write Off Commercial Appraisal?

Short answer: Commercial Appraisal — Commercial Real Estate & Leases for established Gen X businesses

Commercial real estate expenses including rent, leases, property taxes, maintenance, and improvements are deductible as ordinary business expenses. Leasehold improvements may be depreciated over the lease term or 15 years. Property insurance, utilities, and maintenance contracts are fully deductible. Proper documentation is required.

Records to keep: Keep receipts and document business use. Deductible if ordinary and necessary for your trade or business.