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Employee
June 1, 2019
Question

How do I report a roof replacement on a rental property? is it considered an expense?

  • June 1, 2019
  • 1 reply
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1 reply

DanielV01
Employee
June 1, 2019
Report it as an improvement.  IRS law does not allow you to deduct the entire expense of a full roof replacement at one time; it must be depreciated.  The following FAQ uses your situation as an example, and has a second link showing how to enter this in TurboTax:

https://ttlc.intuit.com/replies/4791833

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