So Turbo Tax shows 34,783 in depreciation and I should deduct that from the figure I am putting in as the Expenses or does Turbo Tax take it out already since i...
Thanks for the instructions. I have calculated and put those figures in. I am putting them into Schedule E under the rental section. Final question - then do I ...
So, I enter the $87,600 under the Sales Price and put nothing in the Land box? What expenses can I deduct then? The cost of this property was $92,584.00 per wha...