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Rental Property Improvement not put in service
We have a rental property that we are doing an improvement on, and have nearly $10,000 in architectural expenses in 2022. We plan to convert the property to our primary residence prior to the improvement starting. Our tax advisor recommended we include these expenses as a capitalized costs to limit gains, but these costs should not expensed or put in service in our 2022 filing. I can't find where to enter these expenses not put in service in turbo tax premier.
‎February 11, 2023
8:53 AM