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TAXPAYER DIES, WIFE INHERITED RENTAL HOUSE. HOW DO YOU SHOW THE STEPPED UP VALUE OF THE RENTAL HOUSE ON SCHEDULE E FOR DEPRECATION?
Julia1
Level 1
07-02-2020
09:10 AM
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ProSeries Professional
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dkh
Level 15
07-02-2020
01:54 PM
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Try IRS Pub 551 - Basis of Assets
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Accountant-Man
Level 13
07-04-2020
01:32 PM
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Create a new asset. Call it Step up.
** I'm still a champion... of the world! Even without The Lounge.
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