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Thank you!!!!!!!!! I just realized that yes, we did have a straight line and your response led me to more research. Thank you for your assistance.
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Not sure that the depreciation method is relevant. I have a 110000 cost, 65K accumulated depreciation sale price of $320K carrying $300K. I should have capital ...
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A client sold a rental property and carrying the mortgage. I know that the depreciation has to be recaptured on the year the property sold while the rest of the...
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I have a single filer- earning over $400K with over 26K in itemized deductions but the program continues to use the standard (12k) even though her status is set...
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