Investors & landlords

Thanks Coleen,

I read through that post from the link you supplied. My question actually had to do with the depreciation of a rental property. Upon further investigation, I found that the "2019 Estimated Expense for this asset” appears to have something to do with the depreciation. I have attached a screenshot. This $3,638.00 amount "2019 Estimated Expense for this asset” gets added to the "Federal Adjusted Gross Income" line when I mark the property as sold. I would assume that the depreciation obviously is not deductible when selling the property, which makes sense.

Thank-you again for your time.

Dan