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April 6, 2025
Question

Turbotax is not walking me through the bonus depreciation process for a newly aquired rental property?

  • April 6, 2025
  • 1 reply
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Not being asked about bonus depreciation for a newly aquired rental property

    1 reply

    April 6, 2025

    What is the nature of the item purchased?  The software may think that the property does not qualify for special bonus depreciation.  

     

    See Publication 946 under Excepted Property.

     

     

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