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Repurpose property
I own a house that has been used 75% as a schedule C business and 25% as a schedule E rental (garage apartment). I want to move this property now to a single schedule E rental. Any advice as to how it should be handled on the tax return and through TurboTax? Can I transfer the accumulated depreciation to the single Schedule E rental?
‎January 19, 2024
7:41 AM