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Investors & landlords
When calculating the accumulated depreciation, do I include the year for which I'm doing taxes? For example I bought a house in 2013 and sold it in June 2018. Do I include the depreciation from 2013-2017 or 2013-2018?
In other words, do I look at my depreciation worksheet for 2017 to find the accumulated depreciation and add the amount TurboTax calculates I'll depreciate for 2018 or is that a separate calculation?
In other words, do I look at my depreciation worksheet for 2017 to find the accumulated depreciation and add the amount TurboTax calculates I'll depreciate for 2018 or is that a separate calculation?
‎June 5, 2019
10:26 PM