Linda2905
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Thank you, Patricia. I appreciate your assistance.
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Thanks for your prompt response. The deck was added in 2019 and is listed in my assets. I did not write off the building materials as you mention in your note. ...
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The new and enlarged deck I added to the property does not seem to show depreciation as an improvement. How should I classify this asset on my rental property?
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Thanks, Diane. This is helpful. I appreciate your quick response.
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I've been reading more in the community and came up with another issue. I sold rental property in 2017 and used it in a Section 1031 exchange to purchase anothe...
Activity Feed for Linda2905
- Posted Re: Confused about rental property sale on Investors & landlords. March 25, 2022 3:47 PM
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- Posted Re: Confused about rental property sale on Investors & landlords. March 24, 2022 4:11 PM
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- Cheered If attached to the building, a deck would be considered a... for AnnetteB. March 24, 2022 4:01 PM
- Posted Re: Confused about rental property sale on Investors & landlords. March 24, 2022 2:39 PM
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