Deductions & credits

Marilyn,

According to Turbo tax, if you spread the asset over 5 years, as in a balcony repair ( my portion is $1400), the system allows you to do this. If you use section 179, better to take the whole amount as a write off, in my case the amount is $985.

 

So your answer confuses me.

 

Thank you,

 

Cindy