For standard residential homeowners, a backyard fence is considered a personal use capital improvement, meaning you generally cannot deduct its installation cost on your personal income taxes. However, the cost of the fence can sometimes be added to your home's overall cost basis, which may reduce capital gains taxes when you eventually sell the property. Conversely, if you own rental property or operate a business where a fence is necessary for commercial security or asset protection, it can typically be depreciated as a business asset.
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