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What is the difference between Any Property Improvements Made vs Asset Summary?
Hello folks,
What is the difference between "Any Property Improvements Made" line item to a property vs Asset Summary?
If I answer the "any property improvements made" with 150K. It will depreciated it by Y.
However I am not able to accelerate some of the depreciation like appliances, flooring, HVAC, etc. Should I not include these items (flooring, appliances, HVAC) and manually input it in the "Asset Summary: so I can get some special depreciation?
‎August 27, 2023
4:23 PM