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Investors & landlords
@homesteadventure wrote:
Do I continue for the next 4 years at the original amount? or do I have to start another 27.5 years?
Without more research, I don't have that answer at my fingertips. I was just pointing out that if you do have to start the clock over at 27 years, you use the current cost basis, which is already significantly depreciated.
I don't have any reason to doubt the employee expert but I also know that @AmeliesUncle is generally accurate and reliable. Perhaps I can recruit a tiebreaker who knows more about rentals.
‎January 27, 2021
8:59 PM