Home Updates

[goldstar]

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?

[Michael]

Here are some more threads regarding deductions for home improvements: https://www.daycare.com/forum/tags.p...me+improvement

[TomCopeland]

Originally Posted by goldstar

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?

Is this a kitchen remodeling or a repair? If it's a repair you can deduct the business portion in one year. If it's an improvement you must depreciate the business portion over 39 years. This is a close call. If you had also replaced the cabinets and appliances and lighting I would have called this a home improvement. So, my conclusion is that this is a repair. The ceiling work is clearly a repair.