I own a rental property in Ellensburg Washington for the last 5 years. Under rental property tab, there is no place to enter rental property depreciation. Help please

cletus1353 · ‎March 27, 2025

I guess this is a "how to" question

AmyC · ‎March 27, 2025

Follow these steps:

Open to federal income
Select rental
Rental and Royalty summary
select the property and Edit
Summary of your rental shows
Locate the asset/ depreciation section
Edit/Update
$2500 of items or less, select no to get to the house and get it added. You can come back later and say yes.
Make improvements- select no for now. Again, you can come back later and say yes.
Select to add an asset
Enter the house as an asset
select add asset
Enter any other assets/ improvements
done

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