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Investors & landlords
Well that certainly simplifies things! Yes, we did start renting the house in June 2019, so I will change the basis when I amend the return. Thanks for your help.
As we continue to repair/update the house (while rented), would we then add assets to depreciate (if the amount is over the De minimis safe harbor amount)? Does TT have the ability to designate a specific property class under GDS?
‎April 16, 2021
2:12 PM