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mynewpond
New Member

Is major plumbing repair considered a major expense that would be a deduction?

We had collapsed pipes under the house that required $22,000.00 to replace and repair.
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ThomasM125
Employee Tax Expert

Is major plumbing repair considered a major expense that would be a deduction?

You can't deduct repairs to your house unless you rent the property out. 

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3 Replies
ThomasM125
Employee Tax Expert

Is major plumbing repair considered a major expense that would be a deduction?

You can't deduct repairs to your house unless you rent the property out. 

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

Is major plumbing repair considered a major expense that would be a deduction?

Thank you. I didn't think it was but just had to ask. It was ALOT of money

 

Is major plumbing repair considered a major expense that would be a deduction?

For tax years 2018 through 2025, you can no longer claim casualty and theft losses on personal property as itemized deductions, unless your claim is caused by a federally declared disaster.

 

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