You'll need to sign in or create an account to connect with an expert.
General you break down cost to land,land improvements and buildings if any ,and use the class life that applies to each.
Land value is separate and not depreciated; the land improvements is depreciated 15 yeas.
Reread the screens and make the correct selection that applies.
General you break down cost to land,land improvements and buildings if any ,and use the class life that applies to each.
Land value is separate and not depreciated; the land improvements is depreciated 15 yeas.
Reread the screens and make the correct selection that applies.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
saalves2424
New Member
Yar723
New Member
bk2007
Level 2
pwash
New Member
gvl2024
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.