Do rehab expenses on a rental property get reported in repairs or misc expenses in Turbo Tax Home & Business?

[kerriP]

If they are significant in nature and increase the value and life of the Rental property, they should be included as improvements and depreciated over 27.5 years.  If the rehab included items which can be separated (ex. water heater), those items can be depreciated separately over a shorter period.

Otherwise, I would deduct your rehab costs under repair expense.