topic Renting out Your Pool - Are repairs a deductible expense? in Self employed

Renting out Your Pool - Are repairs a deductible expense?

TBTINT18 — Tue, 24 Feb 2026 07:02:56 GMT

There is a new Gig Economy Application called "Swimply" where you can schedule your pool to be rented by paying guests. There are of course deductible expenses such as chemicals and maintenance, but what if the pool requires extensive repairs to be useable? Is the cost of the repairs a deductible expense?

Re: Renting out Your Pool - Are repairs a deductible expense?

SoniaH — Wed, 30 Aug 2023 20:28:20 GMT

Hi there.

Depends on the extent of the repairs. If it a simple repair, then yes. If it a major remodel of the pool, then the repair would actually be capitalized and depreciated.

Here is a link that might help:

https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/rental-repair-vs-improvement/00/2803476

Re: Renting out Your Pool - Are repairs a deductible expense?

TBTINT18 — Wed, 30 Aug 2023 20:38:25 GMT

The repair was extensive ($11K). In order to capitalize the expense, would it be best if the rental the entity were setup as an LLC or would that be necessary?