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For depreciation purposes, there is no automatic splitting of total depreciation. Each owner can only depreciate the amount of the purchase price that they actually paid, and that can often be very different than the choice of a split on income and expenses. You can return to the interview and edit the assets to enter the exact cost basis that you want to depreciate on your return.
For depreciation purposes, there is no automatic splitting of total depreciation. Each owner can only depreciate the amount of the purchase price that they actually paid, and that can often be very different than the choice of a split on income and expenses. You can return to the interview and edit the assets to enter the exact cost basis that you want to depreciate on your return.
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