Thanks, @DianeW777
The cost of land will be fresh each year. Right?
If all the appliances were under limits and we took them as expenses in 2024 than that will also not impact my 2025 return. Correct?
The home built is an asset and that will be depreciated from 2024 to 2025. Right? So that's the only thing that I need to get the right basis for. Correct?
