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bossbaum
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What would my adjusted basis be for a house I own and use as a rental property for a single family residence?

 
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Coleen3
Intuit Alumni

What would my adjusted basis be for a house I own and use as a rental property for a single family residence?

Adjusted basis is purchase price plus improvements prior to conversion.

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Coleen3
Intuit Alumni

What would my adjusted basis be for a house I own and use as a rental property for a single family residence?

Adjusted basis is purchase price plus improvements prior to conversion.

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