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Business & farm
If I go back to the Enter Farming Expenses page and read the Repair and Maintenance instructions, it says:
"If you spent money to enhance your property, restore your property, or adapt your property to a new or different use, then you paid for an improvement, not a repair expense. You deduct the cost of the improvement by depreciating it over a period of time."
Improvements
You paid for an improvement to your property if you spent money to enhance your property, restore your property, or adapt your property to a new or different use.
Examples of improvements include:
- Installation of new plumbing or wiring
- Addition of paneling to a room
- Installation of a fence
- Paving of a driveway
- Installation of new cabinets
- Addition of a new roof
- Assessments for streets, sewers, and sidewalks
Except I don't want to depreciate it over time.