I'm not understanding what's so difficult about this for you.
- On the "Your Property Assets" screen, click the "Add An Asset" button.
- Select "Rental Real Estate Property" and click continue.
- Select "Residential Rental Real Estate" and click continue.
Describe the residential real estate: NEW ROOF
Cost: The total numeric dollar amount you paid for it.
Cost of Land: the digit ZERO. (You did not buy land - you bought a new roof)
Date purchased or acquired: The date installation was complete.
- Click Continue.
- Select "purchased new" and "used 100% for this business", and the date the roof was either completed, or was available for use by a tenant - whichever date is *last". Then click continue.
You can review details on this screen if you like. Then click DONE and that's it. You're done with this asset.
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