JamesG1
Expert Alumni

Investors & landlords

Using TurboTax Online Self-employed, I compute a 2021 depreciation amount of $1,229 for the nonresidential real property cost basis of $50,000 using:

  • 39 year property
  • MM convention
  • SL method
  • business use began 1/1/2021
  • $0 land
  • 100% business use

@Ihatedoingtax

 

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