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Depreciation, some questions
The backstory is that I bought a duplex in 2014, and I've taken depreciation on something at some point in some way in TurboTax, lol. This year I did lots of rehab, mostly interior, and I've been trying to be much better at bookkeeping.
Since April, I've rehabbed both unit, included new appliances, and I just finished "The Book on Tax Strategies." I knew the chapter on depreciation would be important, but I'm still a little confused, and I'm pretty sure I'll need to find a REI-friendly tax specialist this year.
But basically, while taking depreciation on the building, how do you also take depreciation on items like appliances and flooring?