Hi,
Your reply is very helpful. I have a rental property for a couple of years. In 2020, I have spent $35k to renovate the property and need to claim it as a depreciation. Please help me what answer I need to select. Thanks
On TT:
Let's see if you can claim these improvement as expense.
Do all these apply to you? Yes or No
Do you want to take this annual election? Yes or No
