- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
So you are saying the IRS will allow me to use the Safe Harbor Election for Small Taxpayers for a new roof put on a rental property in May 2020 ? Then the answers I'm seeing on the TurboTax forum asking the same question for a new roof installed on a rental property is incorrect. The reply they got to the question is that you cannot and the IRS is strict on this. My total expenses including the new roof is less than $10,000. Thank You.
‎April 1, 2021
7:31 PM