How to get cost basis in Rental Property depreciation? Should I use cost basis of 'original cost' I bought the condo, OR the value as per last tax assessment?
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How to get cost basis in Rental Property depreciation? Should I use cost basis of 'original cost' I bought the condo, OR the value as per last tax assessment?

 
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New Member

How to get cost basis in Rental Property depreciation? Should I use cost basis of 'original cost' I bought the condo, OR the value as per last tax assessment?

You enter both and the program  uses the lower value

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