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You wouldn't claim the price of the vehicle in one year. When you enter your rental information into TurboTax, the last section is for Vehicle Expenses where you can take the standard mileage rate or actual vehicle expenses required to manage the rental property.
You wouldn't claim the price of the vehicle in one year. When you enter your rental information into TurboTax, the last section is for Vehicle Expenses where you can take the standard mileage rate or actual vehicle expenses required to manage the rental property.
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in [Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill