When I sell the property. If I include the other depreciation items back, Can I include them on the cost basis of the property then?
You'll need to sign in or create an account to connect with an expert.
No, when you sell, you will use the asset summary to edit each asset related to the property, and will allocate portions of the sale price and sale expenses to each asset.
No, when you sell, you will use the asset summary to edit each asset related to the property, and will allocate portions of the sale price and sale expenses to each asset.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
carmenalvarezmen
New Member
Alpinewood
New Member
omosegzy1
New Member
_Mix_
New Member
rjwoodho
New Member
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.