Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago,
Tax depreciation for pool
Good afternoon,
I've been told conflicting information on this question from other sources, so I wanted to ask for clarification here. One of my rental properties has an in-ground swimming pool. When I bought the property, the pool had already been installed by the previous owners. I did not pay for the pool. Am I able to take any tax depreciation for the pool? Or, is it included in the depreciation for the home? Thank you for your assistance!
Best regards,
M