Land imp

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  • TAX4US
    Senior Member
    • Mar 2010
    • 551

    #1

    Land imp

    Tp spent 4k to put in parking and septic hookup for her mobile ice cream trailer. Set up dep over 15 years. TP did not own land. TP had to sell trailer due to health. Can I write off remainder of cost of hookups and drive when she sold the trailer.
  • TaxGuyBill
    Senior Member
    • Oct 2013
    • 2321

    #2
    If she has permanently given up rights to use them, I would say yes.

    If not, no. They are just converted to personal use.

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