In depreciating a roof for a rental. TT requests to enter the value of land included in the total cost. What is this about?

[gerigal]

I looked up the land value and input in the form but TT states the value of the land can't be more than the total cost.

[DianeW777]

Follow the steps here to correct your entry. When you are entering a roof as a capital improvement, not the building itself, there should be no land value entered into this asset. Go back to remove that entry and if necessary enter a zero. Also be sure you selected Rental Real estate property as the asset category and residential real estate as further description, if applicable. Zero for value of land.

[gerigal]

Thank you so much!

[gerigal]

Thank you for the answer to my question.   Very helpful.