Coleen3
Intuit Alumni

Investors & landlords

If it is an improvement, that is fine.
The IRS indicates what constitutes a real property capital improvement as follows:
• Fixing a defect or design flaw
• Creating an addition, physical enlargement or expansion
• Creating an increase in capacity, productivity or efficiency
• Rebuilding property after the end of its economic useful life
• Replacing a major component or structural part of the property
Adapting property to a new or different use