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Investors & landlords
Perfect, one last question. I live in the house and started renting out the rooms in April of 2022. When I put that date of service in, it calculated depreciation and I now have a much larger refund, and a negative figure on the income of the rental.
I guess I'm not sure if that is right as I didn't think I could offset more than the income I received in rental as I live there as well.
Thanks for all the helpful replies.
‎April 11, 2023
8:33 AM