Mo__
Returning Member

Business & farm

Based on this reply it seems like this can't be depreciated but this link seems to suggest it can be depreciated. On this forum there are conflicting answers, some say it goes under intangible assets and few say it goes under nonresidential property. Is there a turbotax pro who can look at my return? I thought it was a simple question of, where do construction expense of a retail store on a leased building go?

 

https://www.irs.gov/publications/p946#en_US_2018_publink[phone number removed]