- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Purchased new HVAC for residential rental property. TurboTax isn't showing any depreciation expense for 2023 or 2024. I can calculate it myself using 27.5 year life, but what depreciation method do I use? (SL?) Entity is LLC. Can't take Sec. 179 because there's no business income, even though the company is now profitable.
‎February 18, 2024
1:54 PM