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Deductions & credits
so the following are SEC 1250 (and the rest are SEC 1245)?
Rental Row home - The house
Windows - Capital Improvement
Basement - Capital Improvement
you are correct that all appliances have reached the 6th year of depreciation, but not HVAC. Where does the land fit in all this? I know it is not depreciated but is it included in all my calculations, i.e. original cost and sales price/expenses?
March 18, 2022
8:31 AM