Concrete work - expense or improvement?

[Lucas Hammer]

So I'm in the process of having a bunch of concrete repaired and some of it replaced. It doesn't add value and is just fixing/replacing cracked spots in an existing retaining wall and some stairs, so I guess I'm trying to prepare and figure out what line these expenses would go on. I've read a ton of guidelines but haven't figured out on this item where it lands.

[Natalie Kolodij]

Cement is going to be a land improvement with a life of 15 years. 

So while it should be capitalized (the 50% business half) it has a life of less than 20 years which means you can utilize 100% bonus depreciation on it and deduct it all in 1 year.