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Merlo
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Category: Tax
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Experience:  25+ years tax consulting. Specializing in returns for US citizens living abroad
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How many years do you depreciate an in ground swimming pool

Resolved Question:

How many years do you depreciate an in ground swimming pool that is added to a rental property?
Submitted: 8 years ago.
Category: Tax
Expert:  Merlo replied 8 years ago.
HelloCustomer

Capital improvements made to a rental property are depreciated over the same life span as the property itself. Assuming this is a residential rental property, the depreciation period is 27.5 years.

Please refer to the following publication under Additions or Improvements to Property.


http://www.irs.gov/publications/p527/ch02.html#en_US_publink100027340

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