I have rental that I made some improvements like changed my garage into a room and added a shower to an existing bathroom. Where does this get filed on the schedule C?
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1 Replies
ColeenD3
Expert Alumni
Apr 18, 2022 5:33:38 AM
Unless you provide services such as a motel or B&B would, rental expenses are entered on Schedule E.
You would be depreciated the improvement over 27.5 years. It is entered as another asset.