JJ_1
Level 3

What type of assets are these for my rental property?

I have a rental condo that had a big renovation. I'm assuming all of these improvements are considered "assets."

The types of assets in turbotax are:

1. Rental Real Estate Property

2. Computer, Video, Photo and Telephone Equipment

3. Tools, Machinery, Equipment, Furniture

4. Intangibles, Other property

 

Can someone tell me how to categorize the expenses I had:

pool/spa/structure repair
plumbing
elevators/generator/fire & life safety/access
renovation
contingency (10%)

Thanks.