Hi all,
In 2020, I acquired a DST that contains four properties.
The sponsor sent separate 1099-MISC and 1098 for each. So, I listed them separately and have all of the addresses with rent/expense show up on Sch E.
However, since I only purchased ONE asset (the DST), I am taking depreciation against only one of the properties/addresses.
Is this OK? Will this be a problem or raise any flags?
Thanks in advance,
-Arman.
