@LRC11 wrote:
Isn't the post project (under $2500) eligible for de minimis treatment?
If it is a repair, it can be expensed. If it is an improvement, there are 2 different safe harbors, one for $2500 that applies to small businesses, and another one that is up to $10,000 or 2% of the adjusted basis of the property. (Two different parts of the regulations.)
In any case, this is a 2-1/2 year old discussion you have re-opened.
