turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

What asset are new windows for depreciation in real estate investment property?

I changed out $23,000 in windows on a real estate multiunit rental property. Where in TurboTax do I account for this? Repair/Expense/Asset? - Under add an asset, under an already accounted for real estate property in TurboTax, the Describe This asset, it does not show windows. Google search shows 27.5 years to depreciated. I cannot find this option in TurboTax.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
AnnetteB6
Employee Tax Expert

What asset are new windows for depreciation in real estate investment property?

The windows would be entered as a Rental Real Estate Property so that they are depreciated as a component of the rental property itself over the same depreciation period of 27.5 years.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question