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Updated over 8 years ago,
Nicholas J.Poster
- Fire Sprinkler Fitter, Property Manager, Handyman
- Saint Stephen, MN
- 6
- Votes |
- 52
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Form 4562
So looking at form 4562 on last years tax return, what might be the value on line 17 for somebody with 1 rental property. I purchased a rental home in 2012 for 120k, line 17 on my tax return says $116...I'm not so sure my tax guy knows what he's doing, or I'm not quite understanding depreciation...thanks