Where do I add the cost of improvements to a rental property?
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
New Member

Where do I add the cost of improvements to a rental property?

I inherited a property from a deceased relative in 2017, re-modeled it, and began renting it in 2018. In the "Your Property Assets" section of the Federal return, it says to "enter all of your major improvements...by selecting 'Add an Asset'", but this merely takes me through the process I've just completed without providing a space to include the $25k in improvements I've made. Where do I include the cost of improvements made on a rental property? Thanks.

1 Reply
Highlighted
New Member

Where do I add the cost of improvements to a rental property?

On the Depreciation Schedule
Privacy Settings