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Investors & landlords
Just a little better clarity purchased in 1996 rented it in 2016.... the depreciation was only taken from 2016 until I sold it in 2023... The major improvements you mentioned will have most occurred over the life of my owning the home -- so what I understand from your reply is that I should use the original purchase date 1996. Correct?
‎April 11, 2024
7:39 PM