Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

11
Posts
1
Votes
Deb L.
  • Real Estate Investor
  • Lake Mary, FL
1
Votes |
11
Posts

Tax/depreciation questions bathroom remodel

Deb L.
  • Real Estate Investor
  • Lake Mary, FL
Posted

I'm having the master bath remodeled starting in January-cost about 9K. It continues to be occupied by good tenants.   I gave the contractor 3K deposit this week for cabinets, etc and I will also be buying some lighting, toilet, etc in December.  Do I start depreciating this in 2020 (the 3K plus lighting, toilet, etc) or do I start in 2021 since nothing has been "done" yet?

Also, about four years ago, I had a handyman redo the same shower (shower only, about $2500) which I was depreciating.  It has failed/leaked so this is why I'm getting the shower redone again, plus doing the rest of the bathroom this time.

Can I continue to depreciate the first shower redo in addition to the new one?  Or do I stop depreciating the first shower and start with the new bath?

Thanks! 

Most Popular Reply

User Stats

236
Posts
45
Votes
Ahad Ali
  • CPA/Investor
  • Bronx, NY
45
Votes |
236
Posts
Ahad Ali
  • CPA/Investor
  • Bronx, NY
Replied

@Deb L.

You can depreciate improvements made in your rental property. You can actually add this improvement cost onto the existing depreciation and don't need to stop the previous depreciation.

As to claiming in in 2020 or 2021, I would suggest beginning the depreciation once the job is done. Its rather hard to explain depreciation on an item that is not complete or in use yet.

I would suggest to speak directly with a CPA as that would typically yield more information than what a forum post can.

  • Ahad Ali
business profile image
Ahad&Co CPA
4.9 stars
351 Reviews

Loading replies...