presented by
Rental Property Depreciation Expense
My business partner and I bought a rental property and split everything 50/50. She is using a tax accountant to file her taxes and I am using Turbo tax and I noticed there are differences with the way we are filing for depreciation (in service date used, property value). I was just wondering what are the tax implications of that when we decide to sell the house, and if there are any other risks to that.
Thank you!