topic I replaced a HVAC unit on my rental, I signed the contract on 12-27-2023 and the unit went into service 01-05-2024. Do I use the contract date or In Service date? in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-replaced-a-hvac-unit-on-my-rental-i-signed-the-contract-on-12-27-2023-and-the-unit-went-into/01/3124030#M107729 Trying to learn what tax year I can start writing off my capital improvements Tue, 10 Feb 2026 10:16:23 GMT offroadcj7 2026-02-10T10:16:23Z I replaced a HVAC unit on my rental, I signed the contract on 12-27-2023 and the unit went into service 01-05-2024. Do I use the contract date or In Service date? https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-replaced-a-hvac-unit-on-my-rental-i-signed-the-contract-on-12-27-2023-and-the-unit-went-into/01/3124030#M107729 Trying to learn what tax year I can start writing off my capital improvements Tue, 10 Feb 2026 10:16:23 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-replaced-a-hvac-unit-on-my-rental-i-signed-the-contract-on-12-27-2023-and-the-unit-went-into/01/3124030#M107729 offroadcj7 2026-02-10T10:16:23Z Re: I replaced a HVAC unit on my rental, I signed the contract on 12-27-2023 and the unit went into service 01-05-2024. Do I use the contract date or In Service date? https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-i-replaced-a-hvac-unit-on-my-rental-i-signed-the-contract-on-12-27-2023-and-the-unit-went-into/01/3124034#M107730 <P>Since the unit was placed in service in 2024 you will report the HVAC as an asset on the 2024 tax return you will file next year.</P> Fri, 05 Jan 2024 22:47:02 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-i-replaced-a-hvac-unit-on-my-rental-i-signed-the-contract-on-12-27-2023-and-the-unit-went-into/01/3124034#M107730 DoninGA 2024-01-05T22:47:02Z Re: I replaced a HVAC unit on my rental, I signed the contract on 12-27-2023 and the unit went into service 01-05-2024. Do I use the contract date or In Service date? https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-i-replaced-a-hvac-unit-on-my-rental-i-signed-the-contract-on-12-27-2023-and-the-unit-went-into/01/3124064#M107732 <P>Thank you DoninGA</P> Sat, 06 Jan 2024 00:00:26 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-i-replaced-a-hvac-unit-on-my-rental-i-signed-the-contract-on-12-27-2023-and-the-unit-went-into/01/3124064#M107732 offroadcj7 2024-01-06T00:00:26Z