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Get your taxes done using TurboTax
We did renovations to a condo before putting it into service in February 2024. When I go to enter the value (after specifying "Appliances, carpet, furniture") it asks for a date of purchase. There were about 40 trips to the hardware store over several months. Do I need to enter every $8 purchase, or can we just list the asset as "Renovation" and use the date we put it in service? The total value is only about $3000.
March 12, 2024
9:38 AM