- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
Right and that’s the issue. I can’t put in the full depreciation unless I continue to use the incorrect cost basis. If I put in the FULL cost basis (not my portion of it) that would also mean paying twice the capital gains tax I actually owe - since I own 50% not 100% of the property.
It doesn’t seem there’s a good answer.
March 16, 2022
10:15 AM