Investors & landlords

Thanks for the suggestion. Unfortunately, that is not the optimal tax treatment for our situation given the difference in tax bracket between 2023 and 2024 and the consequent impact on actual tax paid. 

 

We know what to do tax wise (i.e. recapture depreciation). We still need guidance on how to do it in TurboTax. If the answer is it can’t be done in TurboTax, that would be helpful to know too.