Question:

For a rental property, would a new stove be a capital improvement or a repair?

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It's a full free standing stove. Not a built in one.

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  1. Its not a capital improvement because it is not permanently attached to the property, it is however a depreciable asset (fixture) that should be depreciated over 5 years or taken as a Section 179 deduction.

    Not a repair


  2. Capital improvement.

  3. could be both if old one needed repair

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