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Get your taxes done using TurboTax
Ok ... best course of action will be to continue depreciating the 20% as is then add an asset for the other 80% of the property ... this is easy to do and keeps the most accurate record for future needs in case you move back in later.
This is just like if you owned a duplex and rented one side and lived in the other. If you move out then you would have 2 assets listed with different depreciation start dates.
‎December 10, 2023
6:08 PM
2,375 Views