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Investors & landlords
@cptnbob2019 If you are adding a new stove you got in 2019 for your rental property, you will add as a new asset. The De Minimis Safe Harbor Election is an option you can take each year that lets you write off items $2,500 or less as expenses instead of assets or you can depreciate as a five year asset under Appliances, Carpet, Furniture.
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‎January 22, 2020
10:19 AM
1,944 Views