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Investors & landlords
Thanks for the answer and promptness. I depreciated the condo for the 3 earlier years and have records for it. I will subtract the cumulative depreciation for these years from my original costs basis for my adjusted cost basis for the 2021-present rental period. I read up on this some first now that I know what's going on and how I messed up.
‎April 10, 2023
6:45 PM