termite remediation - expense or capital improvement

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Our house was treated for both subterranean and wood rot termites. For subterranean, we had to have cabinets demolished in the garage plus have landscaping around the house including a vegetable garden removed then replaced with new landscaping.

For wood rot termites, we had:

-all windows and doors replaced with energy efficient windows and doors as part of demolishing the wood trim then installing stucco popouts around each window and door

-all fascia boards replaced and upgraded to windsorone boards that are pretreated for rot, insects and mold

-to install of new gutters since work on fascia boards demolished existing rain gutters

-to replace the roof as water damage was identified during work on fascia boards

-all flooring replaced as termites had eaten through hardwood flooring in majority of rooms

Mike9241Answer

Level 15

Expert Reviewed

Since this is a personal residence there is no expense deduction. However, since these major repairs enhance the value of the property they should be considered capital cost which add to your basis.

Mike9241

Answer

Level 15

Expert Reviewed

Since this is a personal residence there is no expense deduction. However, since these major repairs enhance the value of the property they should be considered capital cost which add to your basis.

Mike9241