turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

ksim
New Member

Can I deduct adding a pool enclosure?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

Can I deduct adding a pool enclosure?

If it's for a rental property, yes, it's deductible.  It would be an improvement to the property.  If the cost is over $2,500 then enter it as an Asset.  Otherwise, you can claim an ordinary expense for it on Schedule E.

If it's for a personal residence, then you cannot deduct it.  However, you should keep the receipts as it can be added to the property basis value (as an improvement) when you sell to reduce potential capital gain.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question