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Updated over 10 years ago on . Most recent reply
Can I can depreciation?
Hello BP fam, I bought my first real property in Oct. 2014, am I able to claim deprecation for this time. I have read some places that have said you can not claim depreciation during your first and last year of ownership and I believe the IRS publication for residential rentals states the date of service begins the depreciation time.......
Please clarify, thanks!