Investors & landlords

Hi.

Thanks for your reply, You mean that I can claims as assets for 2024 the amount of $12,000 in regards of how much partial paid in 2024 and rest are remain in 2025? Is there any document in IRS website that highlighted my situation?

 

Once i had live session with Tax Advisor mention that I should use Assets as depreciation in what I paid in 2024 and reclaim remaining later in 2025.

 

and also, Do i have to use this selection under "Describe This Asset" as "Appliances, carpet, furniture"?

How long is the "Asset Class"? 5 years?

Thanks