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Investors & landlords
I tried the recommendation and still came up with zero dollars for depreciation. I have a few questions on some variables within turbo tax.
In Rental Assets
amount paid 3501 (58740-55239)
land 51260
purchase date 1/1/88
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purchased new
NO have not used 100% for business
used for for personal purposes before business
date started for business 12/1/1990 (or new date of 3/1/2020?)
percentage of use 25% (or 100%?)
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As I said , no matter what I do the end is still the same
March 26, 2021
9:42 AM