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Vehicle used in rental properties. What is the service date in Sch E worksheet?
I have several rental properties that I acquired in different times. The same vehicle is used in managing all of them.
Schedule E worksheet asks for the date placed in service in each rental property. Should I enter the date of using the car for the first rental property in all places, or the individual purchase date of each property?
E.g.: two properties acquired in Jan 1 2001 and Jan 1 2009. Do I enter 1/1/2001 in both Sch E worksheets as the vehicle date placed in service, or 1/1/2001 and 1/1/2009 respectively?
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‎April 14, 2022
12:44 AM