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Deductions & credits
Thank you. This property is a condo. Our association has approved additional assessments. Can my assessments also be used as an expense or treated as separate depreciable assets? I did not realize I could continue to depreciate the building and other fixed assets. I assume also that the cost of repairs less any insurance will be added to my fixed asset list for depreciation.
‎February 26, 2024
8:23 AM