turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Event: Ask the Experts about your refund > RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

ladtkow
New Member

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

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
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. 

View solution in original post

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. 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies