AnnetteB6
Expert Alumni

Investors & landlords

You could do that and enter the mower as an Asset for depreciation under each property, using 1/12 of the cost for each entry.

 

You could also choose to report the mower under a single property using the full cost of the mower, assuming it is used 100% for your rental properties.  Just be sure to choose a property that you expect to keep for the next 7 years so that the mower can be fully depreciated.  

 

@Abracadebra

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