watakshi1
New Member

When I sell a rental property, can I accelerate refinancing fees and improvement depreciation, like a new roof? Do those go under depreciation?

Purchased a property in 2013, replaced the roof in 2014, refinanced in 2014, sold it in 2017.  I have two major items of depreciation, the refinancing fees and the remainder of the roof, that I have not claimed.  Can I accelerate those depreciations since it was sold?  Do I just put the remainder in the depreciation section?  Turbotax only seems to be claiming 1 years worth of depreciation of these fees, despite me telling it the property has been sold.