💰 AFH Owners: Don’t Miss Out on Depreciation & Capital Improvement Deductions!

If you own an Adult Family Home (AFH), you may be leaving money on the table by not deducting depreciation and capital improvements on your tax return! 📉🏡

✅ What Can You Deduct?

🔹 Depreciation of Property & Equipment

• The IRS allows AFH owners to spread out the cost of their property, appliances, furniture, and medical equipment over time—reducing taxable income each year!

🔹 Capital Improvements (Not Repairs!)

• Upgrades that add value to your AFH—like installing a wheelchair ramp, adding safety features, or remodeling—are deductible but must be depreciated over time.

🚨 Pro Tip: Regular repairs & maintenance (painting, plumbing fixes, etc.) can often be deducted immediately, while major improvements are depreciated.

📌 Make sure you're taking full advantage of these tax-saving opportunities! Need help determining what qualifies? Let’s chat! 📩

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