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Investors & landlords
Thank you very much for the response yes my father is married and has lived in the house married for 50 years
The reason why I'm even asking these questions is that somebody panicked me and said that he's not entitled to the full $500,000 because a portion of the house was used for rental
This contradicts everything I've heard but I was trying to confirm
I realize that even though the rental is only 35% of the space I need to check what percentage was actually depreciated a
nd use that percentage to be consistent
‎June 26, 2022
1:31 PM