I have a rental house that I keep for investment purposes. I had to replace an ancient non-complying septic tank with an expensive pump-up mound system. Is this considered an improvement to land in that it is depreciated over a period of 15 years?

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I have a rental house that I keep for investment purposes. I had to replace an ancient non-complying septic tank with an expensive pump-up mound system. Is this considered an improvement to land in that it is depreciated over a period of 15 years?

Yes, its a land improvement and depreciated over 15 years.

IRS Pub. 527 Residential Rental Property

IRS Pub. How to Depreciate Property (page 97)

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I have a rental house that I keep for investment purposes. I had to replace an ancient non-complying septic tank with an expensive pump-up mound system. Is this considered an improvement to land in that it is depreciated over a period of 15 years?

Yes, its a land improvement and depreciated over 15 years.

IRS Pub. 527 Residential Rental Property

IRS Pub. How to Depreciate Property (page 97)

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

I have a rental house that I keep for investment purposes. I had to replace an ancient non-complying septic tank with an expensive pump-up mound system. Is this considered an improvement to land in that it is depreciated over a period of 15 years?

Thanks for the response and source references!

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