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|Repairs (Deduct the Cost)||Improvements (Depreciate the Cost)|
|Fix a broken air conditioner||Add central air conditioning|
|Fix an appliance||Install built-in appliances|
|Fix a broken doorknob||Upgrade door hardware throughout the property|
|Replace a broken tile||Install new tile in an entire room|
|Fix a broken windowpane||Replace multiple windows|
|Have the carpets professionally cleaned||Install new wall-to-wall carpet|
|Fix a leaky roof||Replace the entire roof|
|Fix a leaky faucet||Replace all existing plumbing|
|Fix a section of electric wiring||Replace all existing wiring|
|Fix or replace a broken kitchen cabinet||Renovate the kitchen|
|Refinish the wood floors||Replace the wood floors|
|Paint a bedroom||Paint as part of a renovation|
|Fix a security camera||Install a security system|
Got $1,000? The 10 Top Investments We’d Make Right Now
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