scphil21
Returning Member

Investors & landlords

thanks for all the help.  unfortunately this is like feeding creampuffs to burros.  I still don't get it.

I'm going to truck with my portion of the original depreciation plus the new depreciation and if the irs wants to fix it for me they can be my guest.  This isn't something that will get sold in my lifetime so the tax basis really doesn't matter.  The kid can deal with it decades from now.