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Julia1
Level 1
July 2, 2020
Question

TAXPAYER DIES, WIFE INHERITED RENTAL HOUSE. HOW DO YOU SHOW THE STEPPED UP VALUE OF THE RENTAL HOUSE ON SCHEDULE E FOR DEPRECATION?

  • July 2, 2020
  • 2 replies
  • 13 views
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2 replies

dkh
dkh
Level 15
July 2, 2020

Try IRS Pub 551 - Basis of Assets

    Accountant-Man
    Accountant-Man
    Level 13
    July 4, 2020

    Create a new asset. Call it Step up.

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