Fence Question

[AIRASSAULT]

I was wondering for those of you whom have put up property boundary fence or more like in my case, replaced "your" half, are the costs tax deductible? I know my neighbor who runs cattle is probably able to claim his half as a business expense, but it would really make me mad if I am forced by state law to construct/repair fence and not be able to itemize it. What have you guys done?

 

[bowmaker]

If you file any kind of profit and loss schedule F or C then you can use the fence as an expense there. I don't think you can itemize it other wise. It would be like costing out the fence in the back yard of you house in town, some people "might" list it as a property improvement but then technically you would need to put it on a depreciation schedule, I think.