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Get your taxes done using TurboTax
$5244 was calculated by Turbotax in my 2019 tax return - first year of purchase. As I mentioned I entered my cost basis as 261K (by mistake instead of 341K. 261K is the county evaluation). It has 27.5 years in the same line item - I am assuming it did the math.
Where do I find accumulated depreciation figure in my latest return? I have always used Turbotax and it automatically ppopulated my rental unit data.
‎July 17, 2024
4:40 PM