About jhmagill1

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Re: Question about Basis and Depreciation for a Rental Property

Thank you PatriciaV! That is very helpful.So, in my example, my land "basis" changes from $100,000 to $29,000 if I apply the full $71,000 Casualty Loss to the s...

jhmagill1

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Updated Apr 16, 2025

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Date Registered	‎April 8, 2018 3:35 PM
Date Last Visited	‎April 17, 2025 8:18 AM
Total Messages Posted	3

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