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The cost of the house. If you are taking home office expenses, depreciation on the house is part of those expenses. To calculate the depreciation, you have to enter the cost basis (original purchase price plus improvements over the years.)
The cost of the house. If you are taking home office expenses, depreciation on the house is part of those expenses. To calculate the depreciation, you have to enter the cost basis (original purchase price plus improvements over the years.)
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