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Investors & landlords
I guess my depreciation varies based on the square footage I rent during the year?
Yes it does. TurboTax can not correctly handle this complex situation. I would highly advise you seek the services of a local CPA or EA. Especially if your state taxes personal income. Using TurboTax, the program can not correctly figure the depreciation year to year, since it continues to fluctuate.
‎February 20, 2023
7:29 AM