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Investors & landlords
Hi,
I am using 108,000 as the cost basis for the house. The 3.636% puts my depreciation at 3,927, just below what TT calculated last year which was 3,984. When I put the same numbers in property of 108,000 land 27,000 and last year's depreciation, TT says my depreciation is 3,065. I do not understand why, or what I need to do to fix.
Thanks,
March 2, 2022
2:49 AM