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I would say it is permanent in that it is very large (12'X36') and would be difficult to move, and a new location might not have room for it. It is levelled, but is not on a foundation or fixed to the ground.

Plus it is painted and roofed to match the house.

It isn't plastic, it is wood. It wasn't assembled by us, it was delivered fully assembled.

Not for business or rental use, it will be used to store hay over the winter, and for garden tools the rest of the time.

Hmmm. This is an area that I'm not fully versed in. On the one hand, the shed is certainly large enough to be considered a permanent structure and therefore add to your cost basis in the property. On the other hand, I'm not sure whether the lack of a permanent attachment to the ground keeps it separate from your cost basis in the overall property.

I would consult with a tax professional in your area for clarification.

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