First of all, Happy 2014! Are you planning to ensure your rentals dont stay vacant for long? Then advertsing for them is sure to be on top of your list.
IRS is happy to let you spend for them as long as they are necessary and relevant. You can deduct any advertising expenses that are considered “ordinary and necessary” for your rental activity.
Common landlord expenses can be:
*advertisements on the radio in the newspaper
*classified lists
*and phone books.
*cost of signs, banners
*postage for mailers
*advertising for vacancies, including the cost of building a web site
The IRS will not have a problem with advertising expenses as long as they are “ordinary and necessary” for your rental activity.
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