You'll need to sign in or create an account to connect with an expert.
When did you originally purchase the property? If you don't have the HUD-1 you were provided at the closing when you originally purchaed it, the lender will have a copy of the HUD-1. Sometimes your local jurisdiction where the sale/purchase was recorded will have a copy too. Expect to pay a fee.
I purchased it in 2016 and then lived there until 2021. I purchased a new house last year and moved out and rented the first property. I believe the lender provided a closing disclosure back in 2016 but I don't have it right now. Can I still request it to the lender?
Contact your realtor and/or your closing agent/attorney for a copy of the HUD statement.
Can I still request it to the lender?
Sure you can. They may charge a small copying fee though.
you might have this question. the basis for depreciation is the lower of the purchase price or Fair Market Value when converted to rental in 2021. in addition, the portion allocated to land is not depreciable.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
jamiebrakken
Level 1
jeanne17
Level 2
jlo90275
Returning Member
Finalrental23
New Member
csdl2024
Level 3
Did the information on this page answer your question?
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.