I purchased a primary residence Sept 2020 that included a Garage apartment. It was not priced separately. How do I determine the starting cost basis for depreciation, as well as the percentage of mortgage interest and property taxes?
I assume you are renting the garage apartment. Add the square footage of the apartment to the rest of the house. Use the percentage to prorate your depreciation and expenses.
You will need to select, "Rented a unit in a multi-unit where I live."
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