Turbotax is really confusing with some relevant inputs being in the Sale of Business Property section while we are repeatedly instructed to use the disposition of assets in the rental property section. I made this mistake last year when I was trying to predict capital gains on my upcoming rental property sale and saw a number that was like, WOAH no WAY. Then I realized and started learning and fixing everything.
I'm no expert, and I haven't done it myself because I didn't do any landscape stuff, but did you try adding it as an asset in the Schedule E section and classifying it as a land improvement? I'm sure you can still enter 2014 as the original date with the cost. Perhaps the program knows not to depreciate? If it does depreciate, then Thanks Turbotax! 😜
