De Minimis Expenses and Amortization?

[mgc6288]

I have two rental companies, one I purchased a number of years  ago where I refinanced and was told to depreciate the cost over 30 years.  

Last year I purchased a second property and have some small appliances where it was suggested to De Minimis them.  

I got the De Minimis Safe Harbor added but now the "Amortization" is pulled out of the depreciation of the first rental and placed on the "Other Expenses" line 19 of the Schedule E.  

Reading up on the De Minimis, this only applies to tangible so wondering if I'm ok with this?

Second, do I now list the appliances in question as Other Expenses or may I just add them to the Repairs category?

[PatriciaV · Accepted solution]

Yes, amortization is reported on Schedule E Line 19h. If you claim the De Minimis Safe Harbor Election, enter the cost of those appliances under Rental Expenses as Miscellaneous Other Expenses with a custom description. These tangible assets are not repairs.

[mgc6288]

Thank you.

@PatriciaV