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Question

twix1013

Asked

How many years do I depreciate a rental property bathroom renovation?

Turbo Tax seemed to indicate that I should enter this in the category of "residential real estate" and it automatically depreciates it over 27.5 years. Is that right?
We remodeled the master bathroom -- i.e. pulled out tub, installed new tub, new subfloor, new tile, exhaust fan, etc.

(Asked 03/21/09, Views 134)

Question has been solved by TurboTaxGretchen

Answers (1)

TurboTaxGretchen

Pro

When you make improvements to the home they must be depreciated using the same recovery period as the home itself.

(Posted 03/21/09)

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