Did you fix the wall or did you replace or make such major improvements to it that it is like new?
If you simply repaired the wall, then you would expense it as a repair.
If you replaced the wall then you would depreciate it or you could take a section 179 deduction for the wall.
Once you decide if you repaired or drastically extended its useful life you can enter it as an expense or an asset. As you walk through the TurboTax entries, the program will help you decide if you want to take a full deduction for it or depreciate it over its useful life.
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