The National Directory of Certified Public Accountants

Ask A CPA - Small Business Services

Can I Depreciate The Costs Of Excavating And The Removal Of Soil From A Investment Property I Own?

If the excavating and soil removal do not bear a direct association with the construction of a building, then the excavating, soil removal, grading, or landscaping, is generally considered part of the land cost. Land is not depreciable.

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