MaryK4
Expert Alumni

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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