Adding pool to prroperty is it a write off?

[Chris K.]

Hello,

If you buy an investment property and then add a pool, this pool upgrade is eligible as a write off ??

[Michael Plaks]

@Chris K.

Pool is a "land improvement" and, as such, is normally eligible for the 100% bonus depreciation = full immediate deduction.

However, adding a pool to an investment property, even an STR, is a questionable business decision. The payoff period will be long, and your liability exposure, along with the insurance cost, will be high.