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Updated over 2 years ago on . Most recent reply presented by

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Joswaldys Morales
2
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18
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First time Depreciation

Posted

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 ? 

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User Stats

18
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2
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Joswaldys Morales
2
Votes |
18
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Replied

Thanks for answering. Im not going to do my taxes i just want to write all down for my tax lady thanks a lot 

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