icekitsune
Returning Member

Concrete patio deduction

Hi all, I posted a question here before and it was helpful. I have a situation where I'm not sure how to apply. I have a townhouse that I own fully and is a rental property . I decided to replace a small area outside in front of the house from brick to concrete so the weeds wont' get through on the rental. Costs about $1950. It asked me about section 179 and the site states " Real property (e.g., land, building, sidewalks, landscaping, parking lots" isn't deductible under 179. I just want to double check

it referenced if it was used 100% and if its considered a "acquired new property" which i'm not sure. I mean its new and my renters walk on it daily.

 

I'm unsure if its section 179 deductible and there also a 15 year recovery which listed improvement on land which included fences..any help would be appreciated. Thank you and stay safe