Partial driveway repair

[Tyson S.]

I need to replace about 1/3 of a driveway at my rental because it's heaved and directs water into the garage rather than away from it. I can't really decide how to deduct this, is it a repair or capital expendure? It's a driveway repair but it's also a partial replacement so I could see it going both ways.

[Dave Toelkes]

There are some landlords that would treat this as a deductible repair.

Others would consider that the extent of the repair is really a capital improvement that either increases the value of the property or extends the useful life of the property. they would depreciate the cost of the project over 15 years.

I fall into the second group.