are leasehold improvements tax deductible 
you can t deduct leasehold improvements but the irs does allow building owners to account for their depreciation because any improvements made are considered to be part of the building 13the bottom lineleasehold improvements are changes made by landlords property owners or tenants to ready maintain or fix rental units for the benefit of a specific tenant these can include painting repairs updates and replacements of fixtures and appliances owners cannot deduct these outlays from their taxes directly because they are considered to be capital improvements but the irs does afford them depreciation expense over time 