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twobreal
New Member

Calculating Depreciation Allowed/Allowable after May 6,1997

I sold my duplex in September 2025.  I lived in one unit and rented out the other.  I entered the depreciation information based on Form 4562.

Depreciation InfoDepreciation Info

A few questions later I was to enter the amount if depreciation I deducted or were allowed to deduct on this home after May 6, 1997

 

 

Depreciation after May 6 1997Depreciation after May 6 1997

Since I bought the home in 2007 would the depreciation be the same as the depreciation found in Form 4562?

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1 Reply
PatriciaV
Employee Tax Expert

Calculating Depreciation Allowed/Allowable after May 6,1997

Yes, since you began depreciating the property in 2007, enter the same numbers you entered previously. In some cases, the numbers may be different (but not for your property).

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