No. Because you sold the new assets in the same year that you purchased them, you cannot claim any accelerated depreciation (like Section 179). Skip those sections under the asset entry and choose standard depreciation. TurboTax will handle the adjustments needed for the sale.
Note that furniture, appliances, and flooring have a five-year useful life (not 27.5 like residential real estate).
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
