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Investors & landlords
First, thank you for the quick response. much appreciated!
more clarifications are needed.
The improvements are plank flooring, kitchen cabinets etc.
Per your advice, i’ll choose the “carpet, furniture etc “. now what ? can i choose the full sec 179 depreciation (if the improvement and sale happens in the same year)? if not, should i use the 27.5 year depreciation even though i sold the property
January 29, 2025
9:10 PM