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Deducting Remaining Cost of Roof Upon Sale of Rental
I put a new roof on a rental property back in 2016. I have been depreciating the cost using the straight line method over 27 years. There is still $5K of the cost that has not been depreciated. How do I claim this remaining 5K now that I've sold the rental?
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‎December 18, 2022
9:48 AM