About Ursongbird

Level 2

Member profile

Latest badges earned

Replies
Posts

Re: Sold rental property and TT has depreciation listed twice.

Thank you , could you also help me by telling me WHERE to enter and WHAT to enter into our cost basis?

Ursongbird

1

Updated Feb 25, 2020
Re: Sold rental property and TT has depreciation listed twice.

Ok, @ThomasM125 this is in regards to our rental property, not a vehicle. Same applies still? Tks

Ursongbird

3

Updated Feb 25, 2020
Re: Sold rental property and TT has depreciation listed twice.

Ok, so just delete the duplicate asset and combine the total depreciation amount for recapture?

Ursongbird

5

Updated Feb 25, 2020
Re: Sold rental property and TT has depreciation listed twice.

That's where the property is listed twice. In the depreciation assets screen along with the carpet and refi fees we had to depreciate over time. It has caused t...

Ursongbird

7

Updated Feb 25, 2020

Membership stats

Public Statistics

Date Registered	‎February 24, 2020 5:57 PM
Date Last Visited	‎February 26, 2020 10:09 AM
Total Messages Posted	5

Quick links