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General Property Management
Repairs made to home due to changing of inspection code
R
Robert L
started a topic
about 4 years ago
I recently made renovations to my home, and the township inspected after completion. Their code changed since I bought the house over 30 years ago, and now they require that the stairs have barrier railings, and also have required me to change the plumbing s-traps to p-traps. This all cost a lot of money. Is work that is mandated by the township inspection tax deductible as opposed to an improvement that is depreciated?
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j
jahfwkwi j
said
almost 4 years ago
20
j
jahfwkwi j
said
almost 4 years ago
20
M
Matthew M
said
about 4 years ago
Any repairs or modifications to an investment is tax deductible for federal, states may vary. Just google.
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