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Get your taxes done using TurboTax
If you have your rental property set up in the Asset section, you can add other assets in the same section. At the Asset Summary page, choose 'Add an Asset' and choose the type of property. Appliances, carpeting, etc. are under 'Rental Real Estate Property'. Give a description, Cost, and Date Purchased.
You're then asked 'How Do You Want to Deduct this Item?' and are given several choices. Here's more detailed info on Depreciation of Business Assets and Rental Real Estate and Taxes to help you.


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a month ago