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Depreciation of home for business use
Hello
I sold my home of 30 years in 2021. The first 20 years, I had a photography studio business in the house occupying approximately 40 percent of the square footage of the home.
Can I deduct depreciation of the home in the final sale?
Would it be filed under cost basis or is there another form to fill out if so?
Thanks ahead!!
Bob
‎February 18, 2022
9:13 AM