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Investors & landlords
There are two screens to enter a date, which are very important, first the purchase date and next the date placed in service. It's easy to miss the second one because it's at the bottom of the screen. As long as you are selecting the correct property "Residential Rental" for the buildings and capital improvements the depreciation calculations will be correct.
See both screens below. Please update the issue if you have more questions.
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‎February 21, 2021
7:34 AM