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Level 3
posted Jan 31, 2023 7:07:04 PM

Can I enter the depreciation of a new 1031 exchange rental property using the old property depreciation schedule?

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1 Replies
Expert Alumni
Feb 1, 2023 5:55:45 AM

Yes, you will continue using the old depreciation schedule if there is no additional funds or cash paid in the exchange. This includes any improvements made after the exchange was made.  Please read this link for further assistance.