What should I list a fence added to a rental as on taxes? Asset of Misc. expense.

[camprunamuck2003]

Asset or Misc. expense

[AnnetteB6]

Installation of a fence is an Asset for your rental property.  It is considered a property improvement instead of a repair.

You may have the option to claim it as an expense instead of depreciating it depending on whether your situation allows it.  TurboTax will ask you the question as you go through the Assets section of your rental income and expenses section to help you determine whether to use the election to claim it as an expense or depreciate the cost as an asset.