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Updated almost 2 years ago,
First time Depreciation
Hi people . This is my first year with my rental i want to do taxes i want to know if is t he schedule E form or schedule c. Also want to ask . I removed the kitchen also the roof I paint the whole house i did the job my selft . I know o cant deduct my labor but i spend over 7k where do i add this 7k spend on the form also can i depreciate over the time or i have to do all at once ?