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Investors & landlords
You can use the The special annual election in the asset section.
This election is an option you can take each year that lets you write off items $2,500 or less as expenses instead of assets. Expenses typically reduce your income by a larger amount than depreciating an asset over multiple years does. This means you could get a bigger refund.
‎June 6, 2019
5:04 AM
14,544 Views