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TomCopeland 09:11 AM 03-02-2018
Originally Posted by Mom2Two:
So even it's made from concrete, and therefore stuck to the land, I can still depreciate it quickly? Is an addition only something that is attached to the house?
Since the concrete cost less than $2,500 it can be deducted in one year. Any item costing less than $2,500 can be deducted in one year. An addition would be a new room, deck or other separate structure that is permanently attached to the land.
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