Investors & landlords

How did you handle the exchange in general?

 

Are you using separate depreciation schedules for the replacement property or are you treating the replacement property as a new asset for that purpose (see link below for an explanation in plain English).

 

https://www.fool.com/millionacres/taxes/depreciation/depreciation-after-1031-exchange-how-it-works/

 

You should treat the improvement consistent with your overall approach.

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