nav[aria-label="Primary Navigation"] { padding: 0; & ul { list-style: none; width: 100%; display: flex; flex-direction: row; justify-content: start; align-items: start; gap: 30px; padding: 0; & li { margin: 0; } & ul li { list-style: none; } } }

Rental property and Primary house Depreciation

molai

Hi folks,

Problem: I have two RE properties but FreeTaxUSA UI asked me to input RE depreciation params only for the rental property and not the primary house where I live. Is this a miss on my side or perhaps IRS allows to depreciate only one house per tax return?

Context: I have two real estate properties - one is primary house where we live with my family and the other one is rental property (duplex).

Find more posts tagged with

Comments

JMSSGV

You can't claim a deduction for depreciation on a personal residence.

molai

@ymssgv thank you!

Quick Links

All Categories
Recent Posts
Activity
Unanswered
Groups
Help
Best Of