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What do windows go under for depreciation in a rental?
There are only 3 categories. It'[s not a rental property. It has a longer life then an appliance and it's not landscaping. What category do I put new windows under please?
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June 4, 2019
4:44 PM
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Investors & landlords
your rental summary
A.rental income
B.expenses
C.assets <---------<<<<< here click update
D. Vehicle Expenses
At the property asset summary screen for your property; click add an asset.t..Answer question to set up properly in the tax program
X rental real estate property
X residential rental real estate
you now have a 27.5 year property for the new windows a unit of property [Improvements to a building system are deemed an improvement to the building as a whole.]
June 4, 2019
4:44 PM
2,107 Views