Smart locks and cameras for an Airbnb
$100-$500
Can You Write Off Smart Locks and Cameras for an Airbnb?
Short answer: Yes: keyless entry, exterior cameras, and noise monitors for guests are deductible equipment.
Improvements that better, restore, or adapt the property are depreciated (27.5 years for residential buildings), though items under $2,500 can be expensed with the de minimis safe harbor.
Records to keep: Keep leases, receipts, a log of repairs vs improvements, mileage to the property, and closing statements.
Smart locks and cameras for an Airbnb
Typical range: $100-$500
Real Estate / Landlords / Property Managers / Agents
Yes: keyless entry, exterior cameras, and noise monitors for guests are deductible equipment.
Business justification
Yes: keyless entry, exterior cameras, and noise monitors for guests are deductible equipment. Improvements that better, restore, or adapt the property are depreciated (27.5 years for residential buildings), though items under $2,500 can be expensed with the de minimis safe harbor.
Category
- Rental Property Write-Offs