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Business & farm
Now I'm really confused! I also installed a new HVAC ($9,688) and a new A/C Split ($2,800) in 2022 in my existing vacation rental home. I added to my depreciable asset list, I do not meet the qualiications since I made over $10,000, but Turbo tax keeps offering both items to be put in the 179 deduction. Should I choose to depreciate them over 5, 7 or 27 years instead?
March 18, 2023
2:38 PM