What depreciation category (Land improvement or Residential Real Estate Property) do I use for an inground pool installed at a rental property?
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1 Best answer
KrisD
Intuit Alumni
Jun 5, 2019 11:25:04 PM
Land Improvements
According to the IRS:
"Land and land improvements do not qualify as section 179 property. Land improvements include swimming pools, paved parking areas, wharves, docks, bridges, and fences."
"Land and land improvements do not qualify as section 179 property. Land improvements include swimming pools, paved parking areas, wharves, docks, bridges, and fences."