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Do I need to file 4562 this year if I have in the past and want to skip?
I have a rental property that I have claimed depreciation over the past 5 years. Is it okay to skip it this year as I have a loss and don't need the extra "deduction?" In addition, I sold the property last month so I would just have to claim it back with recapture depreciation if I did claim it again for 2020. Thanks!
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‎February 7, 2021
12:44 PM