Where in the TT interview does my SE wife enter renovation expenses to depreciate?

We started the renovation in 2022, final inspection was in Mar. 2023. She hasn't started using it for business, yet, we're working on it.

posted

We started construction in 2022. We had about 1/2 of the construction expense in 2022. Where may I claim a deduction?

You may not claim a deduction until it is placed in service. At that point all of the expense is bundled into one value for the entire structure and depreciated based on its usage.

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Should I deduct or capitalize/depreciate travel expenses (flight & rental car) incurred to travel to a rental property to renovate a rental property kitchen?

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Where in the TT interview does my SE wife enter renovation expenses to depreciate?