- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Where do I put in cost of new air conditioner on my rental home? in maintenance or depreciation? Thanks
Topics:
June 6, 2019
8:17 AM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
This is an asset that has to be depreciated. If it is a wall unit than can be removed, you will depreciate it over 5 years. If it is a central unit, depreciate it over 27.5 years, just like the building itself.
June 6, 2019
8:17 AM