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Investors & landlords
Hi RobertB4444-
Thanks for your fast response.
We only replaced the water well pump once since inheriting the property in 2011, sorry if my post was not clear on that.
So going by the rule of thumb you mentioned, both the replaced hot water heater and replaced well water pump should last more than 5 years and should be added to the cost basis, correct?
Thanks Again!
‎February 16, 2023
2:05 PM