Skip to main content
Level 1
April 30, 2021
Question

Can I take section 179 on an earthquake retrofit expense of $60k for a rental on schedule E ?

  • April 30, 2021
  • 2 replies
  • 15 views
No text available
This topic has been closed for replies.

2 replies

sjrcpa
Level 15
April 30, 2021

Residential or commercial rental?

What does an earthquake retrofit entail?  

The more I know the more I don’t know.
PATAX
Level 12
April 30, 2021

I do not think you can take Section 179 expense deduction for a rental property....

PATAX
Level 12
April 30, 2021

Should add residential real estate... But you should research it yourself just to be sure... Just my opinion