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amsicley54
New Member

Replaced hvac unit on rental

What is the asset category for a replacement hvac unit that was installed on a residential rental unit?

posted
‎February 13, 2024 11:09 AM
last updated ‎February 13, 2024 11:09 AM
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DoninGA
Level 15
Level 15

Replaced hvac unit on rental

The HVAC is depreciated at the same rate as the residential rental property, 27.5 years.

‎February 13, 2024 11:10 AM
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amsicley54
New Member

Replaced hvac unit on rental

But how do I categorize that asset on TurboTax?

‎February 13, 2024 11:27 AM
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