Can I deduct a new septic tank that needed to be replaced when we moved into our current house?

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Can I deduct a new septic tank that needed to be replaced when we moved into our current house?

No, you cannot, unfortunately. A new septic tank doesn't qualify for any of the tax credits or deductions. It's cost is simply added to the cost of your home (in your own records) possibly reducing your future profit on the sale.

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