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Capital Expenditures: Restorations, Adaptions, Betterments, and Improvements. Indicate whether any of the following would...

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Accounting

Capital Expenditures: Restorations, Adaptions, Betterments, and Improvements.

Indicate whether any of the following would be covered by the RABI rules or could be deducted immediately.

  1. A incurs costs to remediate soil that unbeknownst to him was toxic at the time he purchased
  2. B owns a restaurant. He incurs costs to put in a drive-thru area, including windows, signs, overhang, and other necessary costs.
  3. C has a second floor storage room. She incurs costs to enhance the girders and columns in the room so that the room can hold 50% more weight than before.
  4. D hired TNT, an energy saving company, to spray insulation throughout his building. This results in a 50% decrease in energy costs for the building.

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