michele
Level 7

I don't believe there is a rental agreement  they are just charging her $400 month since she was allowed to stay. So my feeling is not to put depreciation on since I would not classify it as a true rental. I look at it almost like related party deal although she is not related. I don't want to do it just as income forcing them to pay on that income so may just leave it as a rental with no depreciation.

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