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Posted by Paul Thomas on March 30, 2008, 8:26 pm
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> "Duke of Hazard" wrote:
>
>>I bought a new condo in 2003, lived in it two years then rented it out
>> in 2005. For Depreciation - Form 4562 it asks for "Date acquired?", is
>> it 2003 or 2005 ?
>
> I don't see where the form is asking for date purchased.
Think software. The data input screen doesn't always reflect the form. Or
the code and regs.
> What matters is the date it was placed
> in depreciable service, which is 2005.
--
Paul A. Thomas, CPA
Athens, Georgia
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