DianeW777
Expert Alumni

Investors & landlords

There is no need for concern. Keep the information in your current tax file each year until you dispose of your final property without an exchange. This information will become a taxable event at that time. Record keeping is the key and not whether an asset fully depreciated is actually in the current tax return, even though it is easier for your to keep track of it.

 

@corinneL 

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