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Papingo 11:30 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.
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Michael 04:17 PM 03-13-2019
Welcome to the forum. Here are more threads regarding Time/Space Percentages: https://www.daycare.com/forum/tags.p...ace+percentage
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TomCopeland 12:53 PM 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
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Tags:deduction, outdoor classroom, time space percentage
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