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I bought an office condo for my insurance business this year. How do I depreciate this property?
I bought an office condo this year for my insurance agency business. I previously had been renting a condo. I don't see anywhere to enter information that will calculate the depreciation amount.
An aside, I also have a 2nd home which I rent out and I do see where to depreciate it. I assume that the office condo should be depreciated somewhere in the business deductions.
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‎June 4, 2019
2:57 PM