Changing a basement space in my home to a rental unit. I did major constuction, about $55,000 to convert an unfinished basement into a rental apartment. In addition I about $600 in expenses, utilities, advertising etc. I can not figure out how to enter this into TT. I do not wish to depreciate house just the asset improvement and would like to do that over 5 years if I can. I just can't figure out what boxes to check.
