I am building a detached ADU (accessory dwelling unit) and an attached add-on to my rental property that I'm not living at. I have been filing my rental income on a schedule E.
1. How should I depreciate this on the Schedule E? I'm assuming it's going to fall under: "Assets / Depreciation" -> "Rental real estate property" -> "Land improvements" ?
2. And if prompted to write off the entire amount using the special depreciation, I am allowed to, yes?
