No. They are assets that must be depreciated along with your house. You can only take a deduction for the business use portion, which is determined by the square footage.
A repair would be to fix a furnace/ac, not purchase a new one.
I understand that they have to be added as assets. But Turbo gives categories of asset that are pretty limited. Should I select: "Tools, Machinery, Equipment, Furniture" or "Computer, Video, Photo, Telephone Equipment", or "Real estate property?"
"Tools, Machinery, Equipment, Furniture"
Real estate property itself cannot use Bonus Depreciation.
Only the assets ADDED may.
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