I see @Bryan Hancock has jumped in, so that's great.

@Jim Herbst , @Stephen Underhill , @Aaron Junck , @Bryan H, As @Wayne Brooks said and I will confirm:It is an addition to your actual basis; however, as of the date of conversion to a rental it is recomputed as the lower of your actual basis or Fair Market Value.As long as you lived there at least two full years.

Originally posted by @Bryan Hancock: I ran across this article this evening when I was researching some other tax matters: Who says you can't depreciate land?

Tell him Bryan sent youThanks

Bryan - thanks - we do have insurance, I guess we'll find out soon how good it is!

Hi @Bryan H.

@Bryan Vince , I also ask my GOOD tenants for any referrals and a modest reward for an ACCEPTED referral that makes sense for the time saved.

@Bryan L. - Yeah, that's sort of what I had in mind with this question.

Glad to hear it, Bryan.

I hope my mother is not ever brought up again in this business forum @Bryan H. .