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How to use Turbo Tax if I have Personal Property and also have 50% ownership of a Real Estate Partnership
I have been using Turbotax for years to file my taxes but last year, I created an LLC of which I own 50% to acquire properties. For the next Tax season, I don't know how to go about filing my taxes because of this 50% ownership LLC.
Do I just take 50% of the income and expenses of this partnership LLC ; and, how do I claim 50% depreciation for this partnership
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‎November 22, 2021
9:19 AM