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Investors & landlords
@DianeW777
Not sure that provides the end result.
House assets on schedule C automatically calculate at 39.5 years with no way of changing it in the interface. If I replace $375,000 with $262,058.35, it is still calculating the asset at 39.5 years but now at a lower purchase price, which then reduces the expense for the asset by ~$1,000. The expense for the asset should increase with accelerated appreciation, not decrease.
March 6, 2024
8:36 AM