You enter everything in the rental section of TurboTax. You should enter the doors and water feature as assets. When you sell the property, TurboTax will calculate the cost basis based on the cost of assets entered and depreciation taken on them. So, you shouldn't adjust the original cost entered.
Go into the Rental section and you will see the
- Let's gather your business info screen
- Update Rental Properties and Royalties and Edit the property you are working on in the
- Rental and Royalty Summary screen.
You will come to a screen that says
- Review Your (name of rental property) Rental Summary. On that screen, choose
- Assets/Depreciation and go to the
- My asset summary on which screen you can
- Add an Asset. Choose
- Rental Real Estate Property and then
- Appliances, carpet, furniture and enter the asset information.
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