kmsharrow
New Member

Get your taxes done using TurboTax

I have answered "No" to the question you referred to and entered the small assets manually under "other assets" with a 5 year, straight line depreciation schedule.  It is still defaulting to special depreciation, the program only asked whether I wanted to take the special depreciation expense when I entered laptop under another rental property that is commercial.  This property is a multi-family residential until.  Please see screenshots here below. Question re assets under $2500, "NO"Question re assets under $2500, "NO"Improvements as expenses question "NO"Improvements as expenses question "NO"