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Investors & landlords
Thanks Mike.
The SA are for railings around the complex and building a new drainage system to divert water away from the complex (will be sawcutting thru the city's sidewalk).
My understanding is that this SA is a 'land improvements' instead of a "residential rental real estate" improvement.
I am confused because you said it is depreciated but Turbotax and another source said it will be expense right away.
Turbotax is expensing the land improvement right away and I read only
"Examples of land improvements are drainage and irrigation systems, fencing, landscaping, and parking lots and walkways. A special item is the ongoing cost of landscaping. This is a period cost, not a fixed asset, and so should be charged to expense as incurred" (Source: Accounting Tools)