Home warranties are generally not tax deductible for primary residences under current tax laws. However, warranties on rental properties may qualify as business expenses when properly documented. Tax treatment can vary based on property use, business structure, and local tax regulations. Consult tax professionals for specific guidance based on individual circumstances. Some property investors may allocate warranty costs as part of overall property maintenance expenses. Understanding tax implications helps inform warranty purchase decisions and record-keeping practices. While warranties provide valuable protection, their costs typically don't qualify for personal tax deductions. Keep detailed records of warranty expenses for rental properties to support potential business expense claims. Tax laws and interpretations may change, requiring regular review of deduction eligibility.
