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Investors & landlords
I talked to one TurboTax Live Expert this morning who said I can go ahead and take Section 179 for kitchen and bath remodeling, and guided me to enter a the bath remodel as capital improvement with 27.5 yr depreciation and with Section 179 with no error or warning.
However, when I got TurboTax "Final Reviews", it said "Cannot use Section 179 for Real Properties"!?
So I called a second Live Expert who said I cannot use Section 179 for anything that would be depreciated 27.5 years
Who is right??
However, when I got TurboTax "Final Reviews", it said "Cannot use Section 179 for Real Properties"!?
So I called a second Live Expert who said I cannot use Section 179 for anything that would be depreciated 27.5 years
Who is right??
‎June 1, 2019
1:03 PM