3614107
You'll need to sign in or create an account to connect with an expert.
If each item costs $2500 or less, you may expense each item. If these items cost more, then these would need to be depreciated over a five-year period.
If you expense them, enter each item separately unless the total cost does not exceed $2500.
Hi dave thank you but I think I figured out the problem; I put that we lived in the house for part of the year, but it was really asking me was if we lived there after we had put it up for rent. So that problem is solved.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
rrosenberger2
New Member
Anthony-W37
New Member
rachelle-roy16
New Member
vincentponnah
New Member
SOFTBALL50
New Member