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If the units were available for rent during the remodel the deprecation would be completely deductible. If not available then it just gets added to her basis
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That is just informational, and not all company's use it. If your client pays a portion of his health insurance, and it is not pre tax (he pays tax on his porti...
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@David94you will need to research CA yourself, as the numbers you gave for CA seem strange.
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Since 2018 foreign residential rental was changed from up to 40 years to 30 years for regular and AMT for federal. Don't know about CA, maybe Lisa will jump in.
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@Jim-from-Ohioyou are correct when I check e-file I get error.
