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Investors & landlords
@kingcyrus1 and @nguyenmi2006 when you add asset in the depreciation section, you need to choose the category - Furnishing, equipment etc. OR land or Building improvements. Based on the category TT classifies the deprecation to 5, 7, 15 or 39 years.
Note as per previous posts you can do this only if this is a new property you purchased in 2022.
‎April 4, 2023
6:27 AM