- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
In which section did you enter the new roof and in which category? The new roof should have been entered in the Assets/Depreciation section as Residential Rental Real Estate (which has a recovery period of 27.5 years).
Also, do not confuse the special depreciation allowance (bonus depreciation) with Section 179.
‎February 18, 2021
3:08 PM