Making Improvements To The Home And Yard

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  • athomemommy
    • Jun 2025

    Making Improvements To The Home And Yard

    I am new here sorry if this has already been said

    How do you record building a deck? ( would I do a time share %)
    How do I record trees and flowers planted?


    I am very thankful for this forum and the help it provides!
  • TomCopeland
    Business Author/Trainer
    • Jun 2010
    • 3062

    #2
    Deductions

    I assume your deck would be used for both business and personal purposes. Therefore, you must multiply the cost of the deck by your time-space % and then depreciate the result over 39 years.

    If the individual trees and flowers cost less than $100, multiply them by your time-space % and deduct them in one year as house maintenance on Form 8829.
    http://www.tomcopelandblog.com

    Comment

    • llove530
      Daycare.com Member
      • Jan 2011
      • 23

      #3
      How can you deduct flowers/bushes/trees as part of daycare costs??

      Comment

      • TomCopeland
        Business Author/Trainer
        • Jun 2010
        • 3062

        #4
        flowers trees

        If these expenses are part of your land improvement project, you should depreciate them over 15 years. You can then use the 100% bonus depreciation rule and deduct the business portion in one year.
        http://www.tomcopelandblog.com

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