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Get your taxes done using TurboTax
Some improvements, like carpet and furnace, became part of the real estate. Other improvements, like furniture and appliances, did not become part of the real estate. When I followed your instructions for the latter improvements, Turbotax recaptured and taxed the depreciation under Section 1245. Thank You for your time and sage advice.
‎October 7, 2023
5:25 PM