I am renting out a room in my house. I had damage to my kitchen and bathroom so I did remodeling. In the bathroom I put in a new sink and vanity cabinet and countertop. Can I expense these items?
In my kitchen I put in new cabinets because I was not able to match the old ones. I also put in a new fridge for $4,000 and a new induction range for $2,800 along with new countertops, sink, etc. I was inputing data into Turbotax to claim 25% use because one room of 4 is being rented out. I was intending to spread the deprecation of a number of years rather than a one time deduction. Does anyone know if I am doing this correctly?