Can someone guide me what the rental property carpet cost depreciation schedule is? IRS 527 Document says it is 5years but turbotax is doing it over 2.5 years?
Can someone guide me what the rental property carpet cost depreciation schedule is? IRS 527 Document says it is 5years but turbotax is doing it over 2.5 years?
If you pick the correct category it will automatically use 5 years and offer the bonus depreciation option.