wandys
Returning Member

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??