ashley-r-lynn
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Thanks, Carl.It's true that I am only renting out the property some of the time, and I'm aware that expenses like mortgage interest and depreciation will be all...
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One other thing - my version of turbotax doesn't ask about personal days AFTER the conversion to a rental, it asks about personal use days throughout 2021 (whic...
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This is so helpful - thank you!The closing costs point makes sense to me, as does your explanation of the improvement cost. However, the program doesn't seem to...
Activity Feed for ashley-r-lynn
- Posted Re: Will closing costs and major improvements undertaken before a rental property was put into service increase its basis for depreciation? TurboTax is not doing this - why? on Investors & landlords. January 31, 2022 12:47 PM
- Posted Re: Will closing costs and major improvements undertaken before a rental property was put into service increase its basis for depreciation? TurboTax is not doing this - why? on Investors & landlords. January 30, 2022 10:16 PM
- Posted Re: Will closing costs and major improvements undertaken before a rental property was put into service increase its basis for depreciation? TurboTax is not doing this - why? on Investors & landlords. January 30, 2022 10:11 PM
- Posted Will closing costs and major improvements undertaken before a rental property was put into service increase its basis for depreciation? TurboTax is not doing this - why? on Investors & landlords. January 30, 2022 9:12 PM