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charjean47
Level 4

May a fence fall under the de minimis safe harbor on rental property for 2020?

We put up a small fence on one of our rentals and a small section of a fence on another rental.  May we include these costs as expenses under the de minims safe harbor on our rentals?  Both fences were under $2500.  Thanks

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DMarkM1
Employee Tax Expert

May a fence fall under the de minimis safe harbor on rental property for 2020?

Yes, you can use the de minimus safe harbor for each of the fences under $2500 if separately invoiced.  Here is a link with more information.

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4 Replies
DMarkM1
Employee Tax Expert

May a fence fall under the de minimis safe harbor on rental property for 2020?

Yes, you can use the de minimus safe harbor for each of the fences under $2500 if separately invoiced.  Here is a link with more information.

**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

charjean47
Level 4

May a fence fall under the de minimis safe harbor on rental property for 2020?

I was not sure because it permanently adds to the value of the property.

DMarkM1
Employee Tax Expert

May a fence fall under the de minimis safe harbor on rental property for 2020?

Understand.  It doesn't matter if it is an improvement (adds value) or actual repair when using the de minimus.

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charjean47
Level 4

May a fence fall under the de minimis safe harbor on rental property for 2020?

Thanks for helping me with this and other questions.

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