I have a follow-up question regarding purchased items that fit in the last bullet category.
- $200 property – Costs of tangible property that has an acquisition cost or production cost of $200 or less.
For my rental property, I have purchased various items (e.g. Pots and Pans, Glasses, Alarm Clocks, Coffee Maker, Blu-Ray players, DVDs, Board Games, used furniture) that each cost less than $200. So, they all could be qualify as a supply?
If so, when entering my Rental property common expenses for the tax year, would I just include the cost of the above items in the Supply expense total? Or should I list them as separate items on the Any Miscellaneous Expenses screen?
Thanks!
