- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
I went ahead click the Show Details box of the Asset Summary page, here is shat it shows:
Your 2023 estimated expense for this asset is $3,958
Years to fully depreciate: 27.5 years
MACRS Convention: MM
Depreciation Method: SL
I'm confused by this information. My initial intention was to used straight line, and never wanted to use MACRS. Why you showed me 2 methods, Turbo tax? How can I tell which method was used?
‎April 15, 2024
9:32 AM