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Every receipt. Every deduction. No guessing.

Snap it, and we'll tell you the category, the percentage, and whether it's a repair or an improvement.

No card required · Free for one property, forever · Schedule E export when you need it

gavel Built around IRS §162 and §263(a)
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home_work Oak Street Duplex • Unit B
ID: #REC-8921

The Home Depot

Aug 12, 2026 • 11:42 AM

$482.50

Debit Auth: 7812
receipt_long

3/4 HP Disposal & Fittings

Line item parsed • 3 items matched

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Schedule E Classification Line 14: Repairs & Maintenance
Deductibility Status 100% deductible
verified
Repair — deduct now Safe Harbor De Minimis §1.263(a)-1(f)
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WESTLAKE ACE HARDWARE

Store #1048 · Austin, TX

08/12/2026 · 02:18 PM
PVC PIPE 2IN X 10FT $18.42
SUBMERSIBLE SUMP PUMP $289.00
BRASS CHECK VALVE $34.76
TOTAL
$342.18
Merchant Westlake Ace Hardware
Date Aug 12, 2026
Amount $342.18
folder Line 14 — Repairs & Maintenance
100% deductible

Photograph it. That's the whole workflow.

Hardware store run

14.2 mi
$9.66

Tenant walkthrough

31.8 mi
$21.62

Annual inspection

8.4 mi
$5.71
2026 total — 1,284 mi $873.12

Mileage logged in the format the IRS expects.

Repairs (30%)
Mortgage (40%)
Insurance (18%)
Management (12%)

Where the money actually went, by property.

5-year property (Appliances & Carpet) $1,200
15-year land improvements (Fencing & Paving) $4,800
27.5-year residential structure (Roof & HVAC additions) $32,500

Improvements tracked and scheduled, not lost.

Landlords overpay by $3,000 to $12,000 a year.

Four reasons, every time.

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Forgotten depreciation

Many landlords never exclude land value correctly, losing part of their 27.5-year deduction.

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Repairs misclassified as improvements

Treating a repair as an improvement pushes a deduction you could take this year out over 27.5 years.

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Expenses never tracked

Mileage, hardware runs, and utility bills paid from a personal account, never recorded anywhere.

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Cost segregation never run

Leaving 5, 7, and 15-year assets trapped inside a 27.5-year schedule because third-party engineering studies cost upwards of $5,000.

TaxPackPro handles all four.

Pillar 01

No guessing games

Every transaction carries a deductibility percentage — auto-filled, adjustable. Meals at 50%. That repair at 100%. Mortgage interest apportioned. You stop guessing; your accountant stops asking.

Live Expense Ledger Auto-Apportioned Rules
Payee / Description Amount Deductibility Pill
Ferguson Plumbing
Emergency leak fix • 402 Pine St
$1,240.00 100% Deductible
Tenant Welcome Lunch
Lease signing • Unit 2B
$64.20 50% Deductible
Chase Mortgage Interest
Apportioned by rental square footage
$1,820.00 91% Apportioned
Ace Hardware
Deadbolts & weatherstripping
$38.50 100% Deductible
Expense Classifier
HVAC Compressor Fan Replacement $850.00
Repair (deduct now) check_circle

Restores existing asset to working condition. Full deduction for current tax year under §1.162-4.

Immediate Tax Shield: $850.00
Improvement (capitalize)

Extends life or increases value. Added to tax basis and depreciated over 27.5 years under §263(a).

Depreciation: $30.91 / year
Pillar 02

Repair or improvement, decided as you type

One is deductible this year. The other gets capitalized over 27.5. TaxPackPro calls it when you enter the expense, and tracks your capital improvements separately.

Pillar 03

All your receipts in one place

Point your camera at it. It's read, categorized to the right Schedule E line, and filed with the image attached. Anything over $75 missing a receipt gets flagged — in July, not April.

Audit Ready Receipts IRS Document Storage
receipt
Lowe's Home Center
$142.10
check_circle Attached & Categorized
receipt
Sherwin-Williams
$210.00
check_circle Attached & Categorized
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Plumbing Invoice
$320.00
error Over $75 IRS threshold Receipt missing

Built for the way landlords actually work

Everything on the right Schedule E line, without a spreadsheet.

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Cost segregation, without the $5,000 study

Model accelerated depreciation on your own properties, with component breakdowns you can hand to your accountant.

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One app for long-term and short-term rentals

Long-term leases and nightly stays in one place. Rent, nightly rates, cleaning fees, and platform commissions all flow into the same Schedule E reporting.

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Every IRS concept explained in plain English

No dense legalese. We translate safe harbor elections, passive activity loss limits, and de minimis thresholds into clear tactical decisions.

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One-click tax package for your accountant

Exports an audit-ready package with categorized totals, linked receipts, mileage logs, and a capital improvements schedule.

Free for one property. Paid plans from $39.99 a year - about $3.33/month. See pricing →

Your next tax season could be boring.

Free for one property. No card required.

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