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

cjh2oman · ‎June 1, 2019

TomK · ‎June 1, 2019

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?

TomK · ‎June 1, 2019

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?