thank you for your patience!this article says your pay recapture regardless.this is why I’m worried about when it actually starts countinghttps://ttlc.intuit.co...
ok, so the depreciation expense only starts counting 27.5 years from when I recategorized the room to a rental, but for the basis it looks all the way back to 1...
Thank you for thatclarifying:1985 purchase price is basis (minus land)= 100kconverted 1 bedroom to rental 1/1/2019 20% use ( we still live in the house)so 2019 ...
