Have you been using TurboTax since you bought the property?
You can either add the cost of the unit to the basis of your building (manually) or add it as an asset in the program.
Regardless, you will not have to be concerned about the procedure at this time since TurboTax for the 2022 tax year has not yet been released.
I recommend that you use a desktop version of TurboTax if you are planning to prepare your return yourself. However, if you think you may need assistance with preparing your return, you might consider using an online version of TurboTax and selecting the Live or Full Service option.
