I have to do a costly sewer line fix and repair, this calendar year. Is there any tax break that I can claim on the same?

vabhijit · ‎June 6, 2019

IsabellaG · ‎June 6, 2019

No, if this is for your personal residence. If this is business property, you may be able to claim this as either a repair expense or a depreciable improvement to your property.

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

View solution in original post

IsabellaG · ‎June 6, 2019

No, if this is for your personal residence. If this is business property, you may be able to claim this as either a repair expense or a depreciable improvement to your property.

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

phinneyridge1234 · ‎June 6, 2019

I have a rental house that needed a repair this year. How do you determine if it is a repair expense or needs to be depreciated as an improvement?

phinneyridge1234 · ‎June 6, 2019

It was a sewer line repair.

Expert does your taxes

Do it yourself

Resources

Support

I have to do a costly sewer line fix and repair, this calendar year. Is there any tax break that I can claim on the same?