topic Are there tax implications (deductions or tax owed) on a buy-out payment to a former partner for a home after separation (not married)? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/are-there-tax-implications-deductions-or-tax-owed-on-a-buy-out-payment-to-a-former-partner-for-a/01/1424814#M517652 Wed, 08 Apr 2020 14:58:36 GMT ochechonia 2020-04-08T14:58:36Z Are there tax implications (deductions or tax owed) on a buy-out payment to a former partner for a home after separation (not married)? https://ttlc.intuit.com/community/taxes/discussion/are-there-tax-implications-deductions-or-tax-owed-on-a-buy-out-payment-to-a-former-partner-for-a/01/1424814#M517652 Wed, 08 Apr 2020 14:58:36 GMT https://ttlc.intuit.com/community/taxes/discussion/are-there-tax-implications-deductions-or-tax-owed-on-a-buy-out-payment-to-a-former-partner-for-a/01/1424814#M517652 ochechonia 2020-04-08T14:58:36Z Re: Are there tax implications (deductions or tax owed) on a buy-out payment to a former partner for a home after separation (not married)? https://ttlc.intuit.com/community/taxes/discussion/re-are-there-tax-implications-deductions-or-tax-owed-on-a-buy-out-payment-to-a-former-partner-for-a/01/1426549#M518238 <P>your basis for depreciation for the portion you acquied is what you paid split betwwen land and buliding.&nbsp; deprecition for that portion starts on the date you bought it.&nbsp;</P> Wed, 08 Apr 2020 19:45:38 GMT https://ttlc.intuit.com/community/taxes/discussion/re-are-there-tax-implications-deductions-or-tax-owed-on-a-buy-out-payment-to-a-former-partner-for-a/01/1426549#M518238 Anonymous 2020-04-08T19:45:38Z