Hello smart people!
I started a business this year in my basement making things from metal. As a result, I made some built-in custom shelving and workbenches for the workspace. The shelving is now part of the basement and cannot be removed without significant effort.
My question is how I should treat this expense in my books. It's not technically furniture since it's built into a wood wall I framed over the concrete basement wall. It also doesn't really seem to be a capital improvement because it really doesn't add value to my house. I'd like to treat it as an expense, like a repair, so I don't have to deal with depreciating it, but I don't know how to categorize it properly in my accounting software (Wave).
I'd appreciate any insight. Thanks!