Janette651
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No he did not. I do his taxes as well. We split all the other income and expenses 50/50.Do I need to go back and redo prior year taxes?
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It looks like I claimed the full amount of deprecation each year based on the full value enter previously. I assume I will be taxed on the deprecation I deducte...
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So if I change the value of the property when purchased for this year, does it mess up previous tax returns?if I put half the value, would I then claim 100% own...
Activity Feed for Janette651
- Posted Re: Selling a joint own rental property on Get your taxes done using TurboTax. March 31, 2021 7:38 PM
- Posted Re: Selling a joint own rental property on Get your taxes done using TurboTax. March 31, 2021 6:54 PM
- Posted Re: Selling a joint own rental property on Get your taxes done using TurboTax. March 31, 2021 6:02 PM
- Cheered Re: Selling a joint own rental property for DaveF1006. March 31, 2021 6:02 PM
- Posted Selling a joint own rental property on Get your taxes done using TurboTax. March 31, 2021 5:45 PM