Superbri
Returning Member

Investors & landlords

Thank you for the reply. I have been depreciating it however its not calculating the totals correctly. I purchased the property for 375K in 2013 and sold for 441K in 2019, total depreciation is 23K, its indicating I made 198K off of the sale! Not sure what i'm doing incorrectly I divided the land and improvements and had 28K in expenses?! When I calculate in the business section everything adds up correctly?