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Old 03-18-2013, 01:19 PM
13 posts, read 14,275 times
Reputation: 10


Hi Friends!
We have a small condo we bought as a rental - in a large, high-rise building. I am seeking some information on how to properly depreciate the condo - it being tax time.

My question - obviously I can not depreciate the entire purchase price, but what amount do I depreciate?
Also - can I depreciate any of the greater building (i.e. the 'stuff' in the building, elevators, etc)?

Thanks in advance, folks!
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Old 03-18-2013, 07:55 PM
Location: in a galaxy far far away
19,206 posts, read 16,686,206 times
Reputation: 33346
You may not get many answers in this section as the topic is general discussion. For more detailed information about your particular question, you might want to post it in the following section:


Or you could post it in the real estate section. It's more of a tax question, though. Hope it helps.
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Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

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