Hello and thank you.
Actually, since you only depreciate the structure and not the land, my basis is structure + closing costs. I calculated it will be lower by around $70,000. So, can I ammend my 2023 and file my 2024 at the same time? How can I change my basis on my 2024 taxes in Turbo Tax? I can then ammend my 2023 sometime soon.
Thanks.
