Can you also tell me how to do those in Turbotax?
1) I already had my house added as a Business Asset (this has been the case for the last 4 years since I formed my business and before the basement was finished). Now should I add additional asset as home improvement for the basement so that depreciation kicks in? What amount should I put for the amount?
2) I deduct 1/6 of the cost in home repairs section for the main home business asset?
