hansdonkersloot
Returning Member

Capital expenditure not put into use

Hello-

 

I needed to purchase an above-ground replacement pool for my rental property-  However, the contractor disappeared and the pool has not been put into use- I am afraid it may end up being unused and I will need to purchase another pool through a local pool installation service.  is the cost of the pool which was not put into service deductible as an expense since it is not being depreciated anymore?

 

thanks.