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Get your taxes done using TurboTax
You can edit the asset values and carryover losses if applicable to reflect the new combined values. Turbo Tax will calculate the proper depreciation based on the new numbers, but you will need to add the correct prior year accumulated depreciation when asked in the program. You would also have to indicate that there is joint ownership of the rental.
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‎February 26, 2026
10:10 AM