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ladtkow
New Member

I bought a rental property but I don't want to depreciate it. How do I remove the depreciation information

 
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Coleen3
Intuit Alumni

I bought a rental property but I don't want to depreciate it. How do I remove the depreciation information

You have no choice. It is not optional. Whether you take the depreciation or not, you will have to recapture (pay tax on) it when you sell. 

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1 Reply
Coleen3
Intuit Alumni

I bought a rental property but I don't want to depreciate it. How do I remove the depreciation information

You have no choice. It is not optional. Whether you take the depreciation or not, you will have to recapture (pay tax on) it when you sell. 

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