Hi Turbo Tax DanielV. The other returns you helped me with were actually my sons and he is delighted that you saved him $448. My husband and I have 7 rentals and I have the returns done with one exception. It is not a big deal. We bought a storage shed for $200 and had it moved for $300 and built a ramp for $50. I thought the $550 should be an improvement and that I could use the Safe Harbor and count it as an expense. When I asked the community to verify that it is an improvement, I was told that the shed is not an improvement. If it is not an improvement, I don’t see how it could be a repair or fall under any other catagory. Am I missing something? Do you think the $550 shed is an improvement?
If it is an improvement, I can use the Safe Harbor, correct? Thanks
