My husband owns a home business but we also built a new home in 2020-2021. We did not move into the new home until 2021 and so husbands business did not officially move over until 2021. However, we did build a new 1600sq ft building on our new property that we will claim in the next tax year as a capital asset. My question is about the costs associated with building that building. We had to clear acres of land, bring in rock for a separate driveway, install drainage piping, do a lot of grading and then also pour a concrete pad. All of this was done in 2020 in preparation for the building which wasn't actually built until 2021. Can any of the land improvements be claimed and if so, where?
