Is there is an error in calculating the cost basis of depreciable real estate property first put into service in 2024? Tttle fees and improvements are NOT being added .
I'm selling a rental property. How do I find the total amount of depreciation for all the years I owned the property for calculating depreciation recapture?
I'm selling a rental property. How do I find the total amount of depreciation for all the years I owned the property for calculating depreciation recapture?
Do I depreciate and claim ordinary expenses while rental property is vacant for 2 years while undergoing a full gut? It was rented for 2 years prior. Never changed use