Thanks for your reply.
I entered the purchase price and then various amounts under escrow fees and then added the points paid (including points purchased from lender, loan application fees etc), entered Land value as an approx value of 20k as it is a townhouse and the land value is not known. The next page 'Depreciation Results' says that the depreciation shall be zero over the next 27.5 years. Why would it be zero? It is a rental property that i bought in 2023.
Did i make any mistake?
When i enter zero as land value, it does not allow me to move forward.
Please help.
Thanks,
