@angelamerrill73 If the shed is a structure that is not permanent in nature then you can use the 179 deductions under personal property. If the shed is a "building" then it is real property and does not qualify for the Section 179 Deduction and you would depreciate is as a permanent structure as an additional asset you placed in service. In the rental portion of the interview for Schedule E of turbo tax you would either enter the asset and choose to expense it as section 179 if not permanent, or you can add the asset in and choose the appropriate asset class and TT will depreciate it accordingly. TT is very straight forward during the rental interview section on expenses.
Was this helpful or please ask any additional questions.
**I don't work for TT. Just trying to help. All the best.
***Say "Thanks" by marking as BEST ANSWER and clicking the thumb icon in a post and that I solved your question
**Mark the post that answers your question by clicking on "Mark as Best Answer" I am NOT an expert and you should confirm with a tax expert.
