Frazerdl
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I have the same situation and my question is if I put acquisition date as 2009 and placed in. Service 2009 won’t the IRS be wondering why I haven’t claimed the ...
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How do pay the taxes on the depreciation? I was told when the gift (property) was sold by my kids I would have to pay taxes on the depreciated amount. But I can...
Activity Feed for Frazerdl
- Posted Re: how to report on turbo tax a rental property gifted by parents on Investors & landlords. January 30, 2025 5:00 PM
- Posted Can Turbo Tax Premium handle AA transfer of a Rental Property gift on Investors & landlords. January 30, 2025 4:33 PM
- Posted Re: No, the answer it the same. The depreciation stops for t... on Investors & landlords. August 13, 2020 8:42 AM