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Updated almost 12 years ago,

User Stats

11
Posts
1
Votes
Rick S.
  • new york, NY
1
Votes |
11
Posts

Personal property converted to rental

Rick S.
  • new york, NY
Posted

We made improvements to our personal property in 2011. We began marketing the property as a rental in mid 2012. Can we add the improvements made in 2011 to our cost basis for calculating depreciation?

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