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Drainage for flooding driveway at vacation rental property

I paid $12k to have french drains and a catch basin installed in the driveway of our vacation home that we also use for rentals. Can that expense be fully deducted where its not exclusively for rentals and if so, all in this year's return or depreciated? Any direction for filing with TT Home and Biz is much appreciated. Thanks very much!

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1 Reply
AnnetteB6
Expert Alumni

Drainage for flooding driveway at vacation rental property

The cost of drainage system will be depreciated over 15 years.  You will enter it as an Asset through your Rental Income and Expenses section.  

 

As you go through the screens adding the asset, select Rental Real Estate Property > Land Improvements.  When you get to the question about using the asset 100% for business, you answer 'no' and follow the guidance to adjust for personal time spent at the property.  

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