Welcome back! Ask questions, get answers, and join our large community of tax professionals.
  • Products
  • Workflow Tools
  • Learn & Support
  • Sign In
  • Products
  • Workflow Tools
  • Contact Us
  • Sign In
  • Learn & Support
    • Created with Sketch. See what's trending for the upcoming tax season. View ProSeries Hot Topics.
    Created with Sketch. See what's trending for the upcoming tax season. View ProSeries Hot Topics.
    cancel
    Turn on suggestions
    Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
    Showing results for 
    Search instead for 
    Did you mean: 

    Can I take section 179 on an earthquake retrofit expense of $60k for a rental on schedule E ?

    GILBERT73
    Level 2
    ‎04-29-2021 07:38 PM
     
    0 Cheers

    This discussion has been locked. No new contributions can be made. You may start a new discussion here

    3 Comments 3
    sjrcpa
    Level 15
    ‎04-29-2021 07:39 PM

    Residential or commercial rental?

    What does an earthquake retrofit entail?  

    The more I know, the more I don't know.
    PATAX
    Level 15
    ‎04-29-2021 07:40 PM

    I do not think you can take Section 179 expense deduction for a rental property....

    0 Cheers
    PATAX
    Level 15
    ‎04-29-2021 07:44 PM

    Should add residential real estate... But you should research it yourself just to be sure... Just my opinion

    0 Cheers






    Intuit Lacerte Tax
    Intuit ProConnect Tax
    Intuit ProSeries Tax
    Additional Accounting Solutions
    Tax Pro Center
    Tax Practice Resources
    Call sales: 844-877-9422
    Sitemap

    ©1997-2024 Intuit, Inc. All rights reserved.

    Intuit, QuickBooks, QB, TurboTax, and Mint are registered trademarks of Intuit, Inc. Terms and conditions, features, support, pricing and service options subject to change without notice.

    By accessing and using this page you agree to the Terms and Conditions.

    About Cookies | Manage Cookies
    Legal Privacy Security