major Home Repair Tax Deductible
I have a house, which essentially guarantee repair insurance – is that costs tax deductible? SRC = "http://www.mb01.com/getimage.asp?m=1880&o=2327&i=33649.dat" width = 234 height = 60 border = 0>
I spent $ 400 on the annual cost of my home this year guarantee. There was also a $ 60 fee each time a technician comes to a Make repairs. These costs are tax deductible? (For those who do not understand what a home warranty is, at bottom, there to fix insurance for Article in my house. It covers all my major appliances, plumbing, electrical, water heaters, sump pump, etc. If any of these breaks, I can call a technician, and they will come and fix it – only $ 60 each time they come out.) I do not think I am just prepaying for repairs. I already have $ 4,000 worth of air conditioning replacement, So I have received more than my money worth. I thank you all for your replies. Too bad I can not claim the cost, but I'm grateful to have it! 
If this is your home, no deduction. If this is rental property, it is deductible.
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