topic I am building a new warehouse for my business and have a lot of expenses related to the building of the warehouse in 2024. Where do I enter that cost on the schedule C? in Business & farm https://ttlc.intuit.com/community/business-taxes/discussion/i-am-building-a-new-warehouse-for-my-business-and-have-a-lot-of-expenses-related-to-the-building-of/01/3660829#M123946 Wed, 04 Feb 2026 04:59:13 GMT lmantique 2026-02-04T04:59:13Z I am building a new warehouse for my business and have a lot of expenses related to the building of the warehouse in 2024. Where do I enter that cost on the schedule C? https://ttlc.intuit.com/community/business-taxes/discussion/i-am-building-a-new-warehouse-for-my-business-and-have-a-lot-of-expenses-related-to-the-building-of/01/3660829#M123946 Wed, 04 Feb 2026 04:59:13 GMT https://ttlc.intuit.com/community/business-taxes/discussion/i-am-building-a-new-warehouse-for-my-business-and-have-a-lot-of-expenses-related-to-the-building-of/01/3660829#M123946 lmantique 2026-02-04T04:59:13Z Re: I am building a new warehouse for my business and have a lot of expenses related to the build... https://ttlc.intuit.com/community/business-taxes/discussion/re-i-am-building-a-new-warehouse-for-my-business-and-have-a-lot-of-expenses-related-to-the-build/01/3661236#M123963 <P>You will not enter the building costs as you incur them. &nbsp;The building will be an asset, so when the asset is put into &nbsp;use, you will enter all the costs of building the building and then depreciate it over its useful life. &nbsp;For a commercial building, the useful life is 39 years.&nbsp;</P> Tue, 15 Apr 2025 12:00:35 GMT https://ttlc.intuit.com/community/business-taxes/discussion/re-i-am-building-a-new-warehouse-for-my-business-and-have-a-lot-of-expenses-related-to-the-build/01/3661236#M123963 Vanessa A 2025-04-15T12:00:35Z