dcaronna2
New Member

Get your taxes done using TurboTax

I hope you can help

In 2001 we built a home and took the home office deduction for the past 18 years.  We sold the home 7/31/19 and proceeded to rent a home which we wish to take the home office deduction for the 5 months of 2019.  

How do we calculate the depreciation on the home we sold and how much can we claim on our rental?

 

Thanks