I have a rental house I've depreciated for many years. This year I am over the adjusted income limits. Therefore I get no benefit from deducting expenses like depreciation. Do I HAVE to depreciate this year? Is it better to not depreciate this year so when I sell in a few years?
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Depreciation is a requirement Not an option .
The passive loss will be carried forward.
Depreciation is a requirement Not an option .
The passive loss will be carried forward.
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