DianeW777
Expert Alumni

Investors & landlords

Please clarify:

  1. Did you ever set the property up as an asset for depreciation?
  2. Have you since removed the property as an asset?
  3. Have you charged fair rental value (FRV) at any time while your daughter and son-in-law lived there?

More information will allow us to give your specific details for your situation.

 

@archimedes 

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