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Level 2
posted Jan 28, 2021 1:11:19 PM

Rental Property Shared Asset

How would I set up depreciation for a general business asset shared across 7 different rental properties?

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1 Replies
Level 15
Jan 28, 2021 3:39:37 PM

Unfortunately, you should report it with EACH rental property separately, using the percentage it is used for the rental.