MaryK4
Expert Alumni

Get your taxes done using TurboTax

You will enter as a depreciable asset.  It is a betterment to the building structure and is treated as an improvement to the building.  You must capitalize the amount paid.  Just to clarify, are you entering for a rental property or home office?  

If it is for your personal residence, you would not deduct but add to the basis of the home.

 

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