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Investors & landlords
think I'll use the vacant time to prorate the depreciation expense on Form 4562 only and not Schedule E. Thanks again!
I don't know why the IRS even cares about vacant days, as they don't change anything what-so-ever for business use, depreciation, or anything else for that matter. I can only surmise the IRS wants a confirmation of vacant days in order to differentiate it from personal use days.
‎January 17, 2022
5:17 PM