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Deductions & credits
Thank you Coleen. In the screen that you sent, I checked the multifamily (duplex) box and then had to enter the purchase price, escrow fees etc. for the entire building and TT calculated a depreciation amount for the entire building, not for the rental unit. (based on the sq. footage, expenses have be split 40/60 between rental and mine). So I am a bit confused as this depreciation is not applicable to the rental. Thank you.
‎June 3, 2019
12:42 PM