Hello I used a home for rental since 2015 but in 2018 tried to rent it out to no success. This was during JAN, FEB and March 2018. We retired end of 2018 and converted to person use 12/31/18. Will I have to manually adjust by building depreciation an d
Hello I used a home for rental since 2015 but in 2018 tried to rent it out to no success. This was during JAN, FEB and March 2018. We retired end of 2018 and converted to person use 12/31/18. Will I have to manually adjust by building depreciation an d
Hello I used a home for rental since 2015 but in 2018 tried to rent it out to no success. This was during JAN, FEB and March 2018. We retired end of 2018 and converted to person use 12/31/18. Will I have to manually adjust by building depreciation an d
No, you do not take depreciation on an asset that is placed in service and removed from service in the same year.
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