TC78
New Member

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.