Investors & landlords

@Carl 

Carl, under "Tell Us More About This Rental Asset", "I purchased this asset new", "No, I have not always used this item 100% of the time for this business.", "I first used this item at least part of the time for this business, and also used it for personal purposes.", put in a date (12/1/18)........         I tried plugging in "0" % business use and TT doesn't allow "0" %; must be 1.00% or greater.

It did add all 4 items to Form 4562, increased my basis, etc.  (Concrete siding was so expensive, that it did put in a $2 "current depreciation", even on a 27.5 year schedule.)  So, it had the desired effect. 

 

Still puzzled by the land improvement designation for the tree removal; why does TT put it on a 15 year depreciation as the IRS clearly states that land improvements cannot be depreciated - just added to the my land basis in the whole property.