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Level 2
February 15, 2024

depreciation by tenants in common

  • February 15, 2024
  • 1 reply
  • 6 views

Can tenants in common use different depreciation methods for multi-family residential real estate. ie can one use ADS and one use the standard?  If ADS is available that tenant in common can avoid business interest limitations

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1 reply

sjrcpa
Level 15
February 15, 2024

Consider that there may be other ways to avoid the limitation. Such as an electing real property trade or business

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