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...
Announcements
Event: Ask the Experts about your refund > RSVP NOW!
Do you have a TurboTax Online account?
We'll help you get started or pick up where you left off.
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.
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.