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ProSeries TaxExperience: 11 years
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1
State proficiencies
California
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Lol thanks for your unnecessary comment but it's for an Air BnB business. My tax business is doing just fine.
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@BobKammanThe "obvious" comment I explained earlier where the business was at a loss. Line 13 is not limited to profits only like 8829.
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If someone is willing to summarize this for 8829 v SchC line 13 I can accept an answer 🙂
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@BobKammanEarlier I wrote:2. I am curious how running a campsite on my property could be depreciated, it at all? I have depreciated improvements to that area of...
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So under no circumstances should a home be depreciated as an asset for Line 13? Only depreciated as an asset for 8829?I'm attempting to stretch this question to...