I have done a $100K plus renovation of a rental house. Exactly how do I enter it into TurboTax? It gives three choices: residential rental property, appliances, etc, or land improvement. I want to enter only the total, not to break it down into individual expenses. When I choose residential rental property, TT asks for date of acquisition, asset category, etc. There is not just one specific day the components were purchased. Rather, they were purchased over the course of six months. I have already depreciated part of the cost of the original acquisition of the rental property. How do I add this renovation?
Thank you.
