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Investors & landlords
Great, thank you very much for this response.
I do plan on putting the property back into service again at some point, likely in three or fours years from now. So the year I do that, I would use the new depreciation amount that includes the property improvements? Do I need to do anything with that on my taxes this year, or only the year I put it back into service.
Thank you again.
‎December 13, 2021
10:35 AM