MJ-RR
Returning Member

Investors & landlords

The previous renters moved out on Dec 31, 2018, so Jan 1, 2019 is when I started the restoration and I am still working on it so all of 2020 so far.

I have was not converted to personal use in 2018, if I do so for 2019 will be based on how it affects my tax burden and/or if I decide to sell it.

 

The "current year Depr" is $1.00 higher in 2018 than 2017, the property has been using S/L depreciation method since first converted to a rental.

 

foot note:  I have used TurboTax the entire time so it has done the all depreciation calculations.