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Advertising a rental

Varies

Can You Write Off Advertising a Rental?

Short answer: Yes: listing fees, signs, and photos to find tenants are deductible.

Rental income and expenses go on Schedule E; ordinary costs to manage and maintain the property are deductible in the year paid.

Records to keep: Keep leases, receipts, a log of repairs vs improvements, mileage to the property, and closing statements.