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Investors & landlords
On form 4797, Part III do you enter the in-service date that you started using the property as a rental or the date that you first acquired the property?
Example, the property was purchased in 2003 , but not placed into rental until 2007.
Would the in-service date of for 2007 be used?
Appreciate your response to this.
March 7, 2024
9:26 PM