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    Restumping a repair expense or capital improvement?

    So I'm still curious if I could restump after one year and claim as a repair.
  2. D

    Restumping a repair expense or capital improvement?

    Thanks. At what point could it be considered a repair? After 1 year of owning it and renting it out?
  3. D

    Restumping a repair expense or capital improvement?

    Hi.... Sorry to bother you all with probably a common question... I am looking at purchasing a house which has potential to be a 3 unit site. The house is in urgent need to be restumped. Now from searching the forum I believe that the cost of restumping is not tax deductible if it...
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