When you receive a rental property as a gift, you also get as a gift, all the prior year's depreciation, as well as all the passive activity carry over losses (...
@Carlwould you know how to input a partial year on a continuous depreciation schedule? If I copy over the schedule, it continues for the full year's worth of de...
1) It looks like I do not meet the 2nd requirement for “At least 250 hours of rental services are performed per year per enterprise;”, so I would not qualify fo...
Hi @ColeenD3, thanks so much for the quick response!What type of property and are you still treating it as business or rental?It’s a residential property, and h...
