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Level 1
April 14, 2026
Question

Did you install improvements or replacements for enabling property?

  • April 14, 2026
  • 1 reply
  • 25 views
We had to put in a new water heater and is this because of the upgrade as well?

1 reply

Level 15
April 14, 2026

A water heater is generally not an upgrade, but it can be considered a new asset that is depreciable or can be fully written off.  Is this for a rental property or are you trying to take a home energy credit or something else?

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