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?

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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?

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.

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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?

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.

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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?

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?

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?

It was a sewer line repair.

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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?

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?

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?

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?

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?

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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?

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?

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?

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?

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