@Ck218 A little tax advice first:
-If your rentals produce losses, do you get the benefits of losses on rental properties as many do not and because of that often you are better off depreciating everything. (The maximum special allowance of $25,000 ($12,500 for married individuals filing separate returns and living apart at all times during the year) is reduced by 50% of the amount of your modified adjusted gross income that’s more than $100,000 ($50,000 if you’re married filing separately). If your modified adjusted gross income is $150,000 or more ($75,000 or more if you’re married filing separately), you generally can’t use the special allowance. This is because the special allowance is reduced to $0 since the modified adjusted gross income is over the $100,000 amount.)
-does your state follow fed as some states do NOT and that creates timing differences.
-states like NJ do not allow any losses and again, it may be better to depreciate those assets then.
So back to your question that is related to the amount is in excess of the deminimis safe harbor of 2500. That safe harbor is per item or per invoice so yes break it down into different items. you would enter them into proper expense categories then. For more details from the IRS https://www.irs.gov/businesses/small-businesses-self-employed/tangible-property-final-regulations
**I don't work for TT. Just trying to help. All the best.
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