- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
If you buy and sell an asset in the same year, is there depreciation? I thought there wasn't but turbo tax is calculating some.
I placed a rental property in service in may and sold it in September, turbo tax has calculated depreciation on the building but I thought if it was placed in service and sold the same year that there wasn't any depreciation.
Topics:
‎June 4, 2019
3:07 PM