carlRcraw
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Thank you. I quess I'm dense, but Carl said he highly recommended that I NOT depreciate the property on my taxes, therefore I would not have any recapture when ...
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"Additionally, since you rented for less than a year, you are not required to take any depreciation on the property, and I highly recommend that you don't."Hi C...
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Thanks for your response.When I try to enter 1 day on TurboTax (schedule E) so that i can claim the income, it says that it is not allowed. I have to have 15 da...
Activity Feed for carlRcraw
- Posted Re: How do I indicate conversion of a rental property to primary residence, if I purchased the pr... on Investors & landlords. March 19, 2025 7:12 AM
- Cheered Re: Mixed-Use Vacation Home; Household furnishings/items purchased in prior years as rental expen... for RobertB4444. March 16, 2025 5:24 AM
- Cheered Re: Rental Property Split Year Assets/Depreciation Issue for DianeW777. March 14, 2025 8:48 AM
- Posted Deleted on Investors & landlords. March 13, 2025 9:25 AM
- Posted Mixed-Use Vacation Home; Household furnishings/items purchased in prior years as rental expenses? on Investors & landlords. March 13, 2025 8:58 AM
- Posted Re: How do I indicate conversion of a rental property to primary residence, if I purchased the property, rented it, and converted it in the same year? on Investors & landlords. March 13, 2025 6:13 AM
- Posted Rental Property Split Year Assets/Depreciation Issue on Business & farm. March 11, 2025 2:59 PM
- Cheered Re: 2023 Rental Income for 2024 Property Rental for AmeliesUncle. March 10, 2025 2:20 PM
- Posted Re: 2023 Rental Income for 2024 Property Rental on Investors & landlords. March 16, 2024 11:17 AM
- Posted 2023 Rental Income for 2024 Property Rental on Investors & landlords. March 11, 2024 1:17 PM