RickM5
Returning Member

Investors & landlords

Carl - Very helpful info here.

1.  What is the official start date for depreciation - "Date of Conversion" or "In service date?"

2.  Hypothetical example here, but if I understand what you are saying about the tax code correctly, could someone have declared their "date of conversion" and "in service date" as 12/31/22 and then taken the whole 100% bonus depreciation for 2022?

Thank you!

RickM