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repairs |
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repairs Work to return a property to its former condition without extending its life.Repairs are fully deductible on the current year's tax returns. Repairs Repairs are expenditures to keep business-use property in good operating condition that do not significantly add to the value of the property or extend its useful life. Also se "Capital Improvement." Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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