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Investors & landlords
Hi, I hired an accountant last year, it seems like she used the same amount for the “current” and “prior” depredation fields from last year’s form, which is just cost /27.5 year(not the cumulative amount). That’s why idk if I should do the same this year. You mentioned that it should be total accumulative depreciation. Did it start from where I purchased this condo unit, but not when the condo was built? Appreciate your help!
March 20, 2025
9:08 AM