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Investors & landlords
Thanks DianeW for responding to my question.
The property was rented out in August 2024.
Based on depreciable value of $147197.00 in 27.5 years basis the amount should be $5352.61.
But as property was rented for only 5 months of 2024, I was expecting the amount to be ~$2200.00 ?
Not a financial / tax expert. So please pardon my ignorance if any.
‎April 14, 2025
7:46 AM