replacement windows in a rental house

I purchased and had installed replacement windows for my rental home PRIOR to it being declared as a rental (I was living there at the time the windows were replaced).  I know they are depreciable over 27.5 years, but what should I enter in Line 4 of the Asset Entry Worksheet?  Are the windows considered "I - Residential Rental Real Estate"?  I'm not sure how it this entry is calculated, but Line 4 is "J - Nonresidential" for a depreciable life of 39 years, and I know that's NOT right.

Thanks!
jason
    Cancel
    The windows are part of the house and thus are included in the depreciable value of the house.  You wouldn't enter them as a separate item.
    • So when TurboTax asks me what I paid for the house, I should enter purchase price + windows - land value?
    • You would depreciate the house based on either its fair market value on the date you made it available to be rented, or on its original cost plus whatever permanent improvements or additions you've made to it, WHICHEVER IS LESS. (IRS Publication 946)
    Cancel
    Contribute an answer

    People come to TurboTax AnswerXchange for help and answers—we want to let them know that we're here to listen and share our knowledge. We do that with the style and format of our responses. Here are five guidelines:

    1. Keep it conversational. When answering questions, write like you speak. Imagine you're explaining something to a trusted friend, using simple, everyday language. Avoid jargon and technical terms when possible. When no other word will do, explain technical terms in plain English.
    2. Be clear and state the answer right up front. Ask yourself what specific information the person really needs and then provide it. Stick to the topic and avoid unnecessary details. Break information down into a numbered or bulleted list and highlight the most important details in bold.
    3. Be concise. Aim for no more than two short sentences in a paragraph, and try to keep paragraphs to two lines. A wall of text can look intimidating and many won't read it, so break it up. It's okay to link to other resources for more details, but avoid giving answers that contain little more than a link.
    4. Be a good listener. When people post very general questions, take a second to try to understand what they're really looking for. Then, provide a response that guides them to the best possible outcome.
    5. Be encouraging and positive. Look for ways to eliminate uncertainty by anticipating people's concerns. Make it apparent that we really like helping them achieve positive outcomes.
    Cancel