thank you, I have further questions about depreciation, I've heard this concept many times before but I'm confused on how to actually make the claim.. do I need to have someone reappraise my property? it's been a rental since April 2024, and it was our primary residence before that. I did make a number of small renovations right prior to renting it out. I didn't keep 100 percent of my receipts paid for renovations or have exact costs.. I could only estimate those costs.
