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The
air conditioning unit would be entered as assets to be depreciated for your
rental income and expenses.
WHERE?
The major screen page headings to enter rental property information.
1.federal taxes/ wages & income/ select specific topics/ rental and royalties/ /view list(then )
I'll chose what I Work on.
continue through to
your rental summary
assets <---------<<<<< here click update
D. Vehicle Expenses
At the property asset summary screen for your property; click the edit..Answer question to set up properly in the tax program
X rental real estate property
X residential rental real estate
you now have a 27.5 year property for the HVAC
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