I replaced the roof of my rental property and want to input it into TurboTax as a capital expense. What are the steps to do this in TurboTax? (2024)

To enter any Capital Costs to your rental property in the EasyStep view of TurboTax installed on your computer:

  • Go to Rental Property > Yes > Continue > Rental Property Profile
  • Check the box that pertains to your CCA addition. *New roof is added to Class 1 - Building Additions in the year.
  • Make your entries on the T776 Building Additions page. (see example)

‎October 30, 201910:41 AM

See Also
What category does a new roof on a rental property fall under? Is it landscaping? I'm not seeing very good examples.

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I replaced the roof of my rental property and want to input it into TurboTax as a capital expense. What are the steps to do this in TurboTax? (2024)
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