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March 22, 2024
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Rental Property Popcorn Ceiling Removal

  • March 22, 2024
  • 1 reply
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I didn't need to, but elected to replace my popcorn ceilings in my rental with new knock-down texture. Is this a repair, maintenance, or capital expense?

Best answer by TomK2023

This is an improvement to your property that should be depreciated (27.5 years).

 

"You must capitalize any expense you pay to improve your rental property. An expense is for an improvement if it results in a betterment to your property, restores your property, or adapts your property to a new or different use. Table 1-1 shows examples of many improvements."

 

IRS Pub.527 - Residential Rental Property (pages 7-8)

 

1 reply

TomK2023Answer
March 22, 2024

This is an improvement to your property that should be depreciated (27.5 years).

 

"You must capitalize any expense you pay to improve your rental property. An expense is for an improvement if it results in a betterment to your property, restores your property, or adapts your property to a new or different use. Table 1-1 shows examples of many improvements."

 

IRS Pub.527 - Residential Rental Property (pages 7-8)

 

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