[Themaintainers] tax credits for maintenance?

[Luis Villa]

On Mon, Apr 26, 2021 at 12:37 PM Varun Adibhatla (ARGO) <varun at argolabs.org>
wrote:

> In 2014, the IRS introduced a *"routine maintenance safe harbor!"* for
> owners of real estate and other assets to allow them to deduct expenses
> from routine maintenance!
> *(I do not know and would love to know the origins of the IRS Repair
> Regulations
> <https://www.irs.gov/businesses/small-businesses-self-employed/tangible-property-final-regulations>!)*
>

Great example!


> What is your friend working to push!?
> I'm trying to make a case for state legislatures to create liability
> shields for organizations from tort litigation on the condition that they
> follow a specific regime of routine maintenance.
> These legal nudges if available would incentivize organizations to perform
> routine maintenance.
>

It's not something I can share yet (if at all) but suffice to say it's an
area that should have liability but doesn't. Still, that would be a great
idea more broadly!

Luis
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