- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
On what date did you convert the house from 100% personal use to 33% rental? Then on what date did you convert that 33% rental back to personal use, to make the property 100% personal use? Then on what date did you vacate the property? Then on what date did you convert the entire property to 100% rental?
Basically, when converting the property to 100% rental, you have to reduce the cost-basis by the depreciation already taken when the property was only 33% rental.
‎April 3, 2022
5:05 PM