Re: Tax question: is this repair or improvement?

Re: Tax question: is this repair or improvement? by Bryan (Ia) on April 8, 2012 @18:03

For tax purposes, my CPA has never made a distinction.

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Re: Tax question: is this repair or improvement? by Anonymous on April 8, 2012 @18:06	[ Reply ]

Does he usually take a deduction for items such as this?

Re: Tax question: is this repair or improvement? by Anonymous on April 8, 2012 @18:21	[ Reply ]

yep

Re: Tax question: is this repair or improvement? by Anonymous on April 8, 2012 @19:32	[ Reply ]

Not a repair, but an improvement and as such subject to depreciation but not a deduction in full.