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Level 1
posted Mar 20, 2025 7:15:16 PM

I have rental property. It is a mobile home.I replaced the roof in 2024. I put it in as an asset but didn't know what class to put it in.How many years is it depreciated?

What class should I select in turbo tax?

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1 Best answer
Expert Alumni
Mar 20, 2025 8:39:50 PM

For your rental property's new roof, you should classify it under "Residential Rental Real Estate"* in TurboTax. This'll mean it is depreciated over the period of 27.5 years

 

Residential rental property. This class includes any real property that is a rental building or structure (including a mobile home) for which 80% or more of the gross rental income for the tax year is from dwelling units. 

 

For more detailed guidance, you can refer to IRS article, which includes depreciating a new roof.

 

 

1 Replies
Expert Alumni
Mar 20, 2025 8:39:50 PM

For your rental property's new roof, you should classify it under "Residential Rental Real Estate"* in TurboTax. This'll mean it is depreciated over the period of 27.5 years

 

Residential rental property. This class includes any real property that is a rental building or structure (including a mobile home) for which 80% or more of the gross rental income for the tax year is from dwelling units. 

 

For more detailed guidance, you can refer to IRS article, which includes depreciating a new roof.