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Investors & landlords
Hi AmeliesUncle:
You are very helpful.
I am checking if I did depreciation on my rental property in 2014, the first year the property became rental.
On Form 8829. Part III (Depreciation of your home), line 41 (Depreciation Percentage) showed 2.5641%. Somehow it didn't have land value. Did this info mean I declaimed the depreciation on my first year rent?
Thank you millions in advance.
HYM
‎April 2, 2020
11:00 PM