I have a couple questions about this. When I add my RV as an asset, I chose the Tools, Machinery, Equipment & Furniture option to describe my asset. Is that correct? Because in the end it tells me it will be depreciated over 7 years, and another TT answer about this topic says the RV is a business asset depreciated over 5 years.
Also, if I enter the RV as an asset, do I also claim vehicle expenses and include all of the mileage my renters drive?
