You'll need to sign in or create an account to connect with an expert.
Is it a unit you rent? Or built? You can enter rent on Schedule C .
How to enter self employment expenses
Assuming you are reporting business income/expenses on SCH C, and further assuming you are renting this storage unit, in Business Expenses/Other Common Business Expenses there is a section specifically titled "Rental Expenses".
If you purchased this storage unit and you own it, then it's entered as a business asset in the Business Assets section and depreciated over time.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
patmag
Level 3
frattonelf
New Member
tnsimone21
New Member
jtgostars
New Member
laddielg
Returning Member