I had to put in a new water line to my rental house. Is this dedutible

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I had to put in a new water line to my rental house. Is this dedutible

Yes, installing a new water line for your rental property is deductible as a capital improvement.

Please read this TurboTax FAQ for additional information about "How do I handle capital improvements and depreciation for my rental?": How do I handle capital improvements and depreciation for my rental?

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I had to put in a new water line to my rental house. Is this dedutible

Yes, installing a new water line for your rental property is deductible as a capital improvement.

Please read this TurboTax FAQ for additional information about "How do I handle capital improvements and depreciation for my rental?": How do I handle capital improvements and depreciation for my rental?

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