Home Maintenance Labor

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Heresheis111
Heresheis111 Member Newcomer
edited January 15 in Credits/Deductions

Can I write off any labor hours I do myself for home maintenance? For example, replacing the carpet, landscaping, painting, etc. I should also note that I have renters that live in the house with me. Some of the labor was specifically for the rooms I rent out, and some was for the property as a whole.

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  • JMSSGV
    JMSSGV Member Level 5
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    You cannot deduct the value of your time for either business or personal reasons. If you are making repairs and incurring expenditures that are related to the rental portion of your home, you can deduct the cost of any labor you pay others, as well as materials and supplies (unless they are large items which must be depreciated.) For expenditures that relate to the entire home, you would need to pro-rate the expenses.