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Investors & landlords
You will want to add the costs in the Adjustments to Basis. The adjusted basis of property is your original cost or other basis plus (increased by) certain additions -Increases to basis include costs of any improvements having a useful life of more than 1 year.
You would not add a depreciation expenses because you had them less than one year.
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‎April 3, 2022
7:14 PM