topic Replaced hvac unit on rental in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/replaced-hvac-unit-on-rental/01/3188056#M1374734 <P>What is the asset category for a replacement hvac unit that was installed on a residential rental unit?</P> Tue, 13 Feb 2024 19:09:16 GMT amsicley54 2024-02-13T19:09:16Z Replaced hvac unit on rental https://ttlc.intuit.com/community/taxes/discussion/replaced-hvac-unit-on-rental/01/3188056#M1374734 <P>What is the asset category for a replacement hvac unit that was installed on a residential rental unit?</P> Tue, 13 Feb 2024 19:09:16 GMT https://ttlc.intuit.com/community/taxes/discussion/replaced-hvac-unit-on-rental/01/3188056#M1374734 amsicley54 2024-02-13T19:09:16Z Re: Replaced hvac unit on rental https://ttlc.intuit.com/community/taxes/discussion/re-replaced-hvac-unit-on-rental/01/3188060#M1374735 <P>The HVAC is depreciated at the same rate as the<STRONG> residential rental property</STRONG>, 27.5 years.</P> Tue, 13 Feb 2024 19:10:34 GMT https://ttlc.intuit.com/community/taxes/discussion/re-replaced-hvac-unit-on-rental/01/3188060#M1374735 DoninGA 2024-02-13T19:10:34Z Re: Replaced hvac unit on rental https://ttlc.intuit.com/community/taxes/discussion/re-replaced-hvac-unit-on-rental/01/3188109#M1374736 <P>But how do I categorize that asset on TurboTax?</P> Tue, 13 Feb 2024 19:27:20 GMT https://ttlc.intuit.com/community/taxes/discussion/re-replaced-hvac-unit-on-rental/01/3188109#M1374736 amsicley54 2024-02-13T19:27:20Z