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Investors & landlords
Hi Cheryl, if I have rental that went into business in 2017 but I did not take depreciation in 2017 or 2018, can I adjust the amount TurboTax calculates for the two prior years to $0? The property was rented all of 2019 and we plan to continue renting it for the foreseeable future. I've researched but cannot find an answer. Would appreciate any advice you can offer.
‎July 12, 2020
11:36 PM