Papingo 10:30 AM 03-13-2019
What is the tax treatment for this. It includes new fencing, patio, landscaping, garden boxes, seating etc. I appreciate any ideas or help.
Michael 03:17 PM 03-13-2019
TomCopeland 11:53 AM 03-14-2019
Originally Posted by Papingo:
What is the tax treatment for this. It includes new fencing, patio, landscaping, garden boxes, seating etc. I appreciate any ideas or help.
The business portion of any individual expense can be deducted in one year. A home addition needs to be depreciated over 39 years unless it meets one of two exceptions. See my article on this:
http://tomcopelandblog.com/how-to-de...me-improvement