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Investors & landlords
Yes, add them as soon as possible. You'll have to add each asset and say when you "placed it in service" (what year you originally purchased the asset) and TurboTax will take it from there and ask you the relevant questions. Follow along the instructions above for each asset. Some, like appliances, will be handled differently and will be depreciated for 5 years instead of 27.5 years.
‎June 4, 2019
3:26 PM