I completed a 1031 like-kind exchange in 2018. I had unused
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Question : I completed a 1031 like-kind exchange in 2018. I had unused capital improvements depreciation in the property I gave up. How do I account for such depreciation on my 2018 taxes?<br/>JA: What are the assets here? Are they current or long-term assets?<br/>Customer: It was a long term asset (new roof) installed in 2017<br/>JA: […]
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