Rentals & the condo sale › SchE.14A
SchE.14A · federal · SchE line 14A
Repairs - property A
13,300
engine v3
How this number was built
R-RENTAL-LINE Rental income or expense mapped to the Schedule E line.
Engine note: HVAC 11,000.00 is inside repairs per the owner statement.
Sources (1) — where the inputs came from
Capitol Keys Property Management - 2025 owner statement (1450 Fremont Way)
D46 · page 1 · field repairs_total · “Repairs and maintenance”
read as “13,300.00” → 13,300
99%
Flows into
Independent checks
HVAC replacement: repair or improvement?Fails
A replacement of an entire building system is a restoration (betterment) and must be capitalized; the engine expensed 11,000 inside repairs 13,300. Depreciate over 27.5 years from 08/2025. Engine what-if: federal +3,633, California +896.
Method: Invoice D47 describes removing the furnace and AC and installing a new heat-pump system with air handler, line set and thermostat (permit). Call notes confirm a whole-system replacement.
Proposed: 13,300 → 2,300 · Tax: fed +3,633 · CA +896 engine what-if
Open check →
History — nothing is overwritten
v1 · 2026-03-04: 13,300v2 · 2026-03-19: 13,300v3 · 2026-06-23: 13,300
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Evidence & discussion
↗ Prior year: 2024 SchE.14A - Repairs - A
↗ Assets: Depreciation by asset (1450 Fremont Way)
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