qbteachmt
Level 15
a month ago
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"I have depreciated improvements to that area of my land already."
"business use of my land... is it possible to deduct/depreciate that area at all?"
Already answered.
The land itself is part of the planet. The land isn't getting used up by every camper.
As you fix up the camping area, make sure to separate maintenance and repairs expense from improvements.
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Don't yell at us; we're volunteers
Don't yell at us; we're volunteers