jspan10
Returning Member

Investors & landlords

This is a rental property so all costs should be ded (https://turbotax.intuit.com/tax-tips/home-ownership/mortgage-refinance-tax-deductions/L2fzA7hg5).  Turbotax also indicates that the Cost/Cost basis is $1500.  If there was something that was not depreciable, it seems it would reduce the $1500 amount in the asset summary.