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Investors & landlords
I see what @AmeliesUncle is saying now and understand why there will be three assets this year, and then two assets in later years. Basically, your half of the asset, nothing changes. It would not be correct to "combine" as I referenced, and you referenced above. Depreciation on your 50% does not start over from year zero. It has to "continue on" untouched. Whereas, your wife's share of the depreciation already taken up to the date of passing will "evaporate".
‎February 7, 2023
7:52 AM
2,869 Views