topic Can I write off damages to my swimming pool incurred during flooding? in Investors & landlords

Can I write off damages to my swimming pool incurred during flooding?

msevetteh — Tue, 10 Feb 2026 09:18:47 GMT

Can I write off damages to my swimming pool incurred during flooding?

Re: Can I write off damages to my swimming pool incurred during flooding?

MinhT1 — Sun, 28 Jan 2024 21:51:34 GMT

In general, no.

Damages to your swimming pool aren't tax deductible if the damages weren't due to a federally declared disaster.

If the flood was a federally declared disaster, you can claim the damage not covered by insurance (your deductible) as a disaster loss. This deduction is an itemized deduction on Schedule A.

The first $100 of loss isn't tax-deductible, but the remainder of the loss is tax-deductible to the extent that it exceeds 10% of your adjusted gross income.

Please read this TurboTax blog for more information.

@msevetteh

[Edited 01/28.2024 | 1:51 PM PST]

Re: Can I write off damages to my swimming pool incurred during flooding?

DoninGA — Sun, 28 Jan 2024 18:03:47 GMT

Was your home in a federally declared disaster area? If not, then the expenses to repair the pool are not deductible on a federal tax return.