Which expense could be categorized as a rental expense?

The categorization of rental expenses is specific to costs that are directly related to managing and maintaining rental properties. Advertising costs related to rental property fall under this category because they are incurred to promote and rent out the property. Such expenses are essential for attracting potential tenants, which ultimately supports the rental business.

In contrast, investments in stocks and bonds do not pertain to rental operations and pertain more to financial investments. Personal travel expenses also do not relate to maintaining or managing a rental property and would be considered personal deductions. Utilities for non-rental properties, similar to personal travel, are not associated with the operational costs of a rental business, thus cannot be deducted as rental expenses. Therefore, advertising costs directly contribute to the income-generating potential of rental property, solidifying their classification as rental expenses.