Form 8824 Line 18. Depreciation
Line 18 includes the Adjusted Basis of the Like-Kind Real Property that I gave up in the 1031Exchange. I have claimed Depreciation on this property since purchase in 2016. Should I include the sum of *all* Depreciation claimed (for as long as I have owned this property), in the Adjusted Basis calculation?
Thanks to all who take the time to read my question...