Bees
Level 7

Investors & landlords

were you depreciating it as a separate item on your schedule E.  A new shed would be depreciated also <a rel="nofollow" target="_blank" href="https://turbotax.intuit.com/tax-tips/rental-property/real-estate-tax-and-rental-property/L3e09vT71">...>
Disclaimer: Not a tax professional. Information gathered from internet links. Anything dated in June 2019 was posted in prior years and is before the 2019 limits and changes.