SensibleandHour ly
Level 8
04-07-2022
06:49 AM
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Good morning, Community,
I have a new client with a single rental home that he has in the past claimed depreciation on a Kubota tractor as he uses it primarily for snow/leaf removal for the rental. Does anyone have a good article on best practices for depreciation involving a rental?
Interestingly, he is in the process of selling said rental, i.e. a mobile home, for a 100k profit margin from original purchase price. Crazy times in which we live!
Have a great day, Dawn
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