How do I use Turbotax to depreciate a 7 year asset for a rental property? Does interior painting qualify as a 7 year asset if it's part of a larger remodeling job?

hhtaub · ‎June 1, 2019

Critter · ‎June 1, 2019

If you do not expense it as a repair/maintenance then it is 5 year property.

Investors & landlords