What Is Repair and Maintenance Expense In SFR Investing?
Repair and maintenance expenses are costs to restore or maintain property condition, distinct from capital improvements.
Repair and Maintenance Expenses are costs incurred when bringing a property back to an earlier condition or maintaining it at its present condition (as opposed to improving the asset). Examples include repairing broken appliances, repainting, cleaning gutters, and tenant turnover preparation.
The information in this article is for educational purposes only and does not constitute tax, legal, financial, or investment advice. Consult a qualified professional before making investment decisions.