ptax255
Level 7
05-27-2024
11:50 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Hi, client has a property ready for rent, waiting HOA approval. Is it considered placed in service for depreciation purposes?
Best Answer Click here
Labels
IRonMaN
Level 15
05-27-2024
12:42 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
If he needs approval to rent the property, it isn't placed in service.
Slava Ukraini!
