Rental property sewer line replacement

[Tcrhodes15]

I own a 30 year old rental property.  The main sewer line had to be replaced at a cost of $11,500 in March of 2020.  

1. Is this an expense or something that has to be depreciated?

2. Rental Asset and Dep has 3 categories under Rental Real Estate  - Real Estate Property, Land Improvements and Appliances.   Which would apply in this instance?

3. If I select Rental Real Estate Property should I enter the Land Value associated with my original property purchase price because there is no actual land value associated with this new "asset"?

4. When I opted to depreciate, then selected Rental Real Estate and filled in the land value the new Asset shows a 27.5 year time frame but  $0 (zero) depreciation for 2020.  Is this correct?

[MarilynG1]

Since the new sewer line probably does not add to the appraised value of the Rental Property,  you could deduct the $11,500 cost to repair as an expense in 2020.

Or, you could enter the Sewer Line as a Land Improvement Asset for depreciation.  Use the cost of $11,500 as the value of the Asset  and date you started using for Business as March 2020.

Indicate you purchased this item as 'New' and  used it 100% for Business. 

This would depreciate at 15 years for a bit over $500 for 2020 depreciation. 

Click this link for more info on Depreciating Rental Assets.

[Mike9241]

none of the cost of the sewer replacement should be allocated to land.  land is not depreciable unless you are using it for a landfill.