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Old 03-26-2020, 03:04 PM
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goldstar goldstar is offline Member
Join Date: Apr 2019
Location: Texas
Posts: 3
Default Home Updates

We did some updates to our kitchen throughout 2019 I paid a contractor to replace countertops (over $5k) and paid a separate contractor to replace floor tile/back splash ($1,500) I purchased the tile($500). Do I have to add these up and depreciate them or can I separate and deduct the business portion in one year for the tile work and purchase of the tile and I assume I would have to depreciate the countertops?

I also had another contractor come in last year and scrape, texture, and repaint ceilings($2,200) in most of the downstairs and a portion of the upstairs(all areas used for the daycare). Can I deduct this in one year?
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deduction - home enhancements, deduction - home improvement, remodel

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