Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProSeries Tax
- :
- ProSeries Tax Discussions
- :
- Husband-and-wife partnership of real estate rentals; husband dies, son takes his place. How to recalculate depreciation
Husband-and-wife partnership of real estate rentals; husband dies, son takes his place. How to recalculate depreciation
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
Greta
Level 9
06-13-2023
07:33 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Labels
1 Comment 1
qbteachmt
Level 15
06-14-2023
11:37 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Son takes his place, how?
You have two different things in your question:
Partnership (a real entity, or are you using the phrase relationally).
Real Estate (partnership asset, or owned by two individuals, and now a different individual inherited based on tenants in common title, or all of it now is owned by the spouse as JTROS).
Operation is one thing. Ownership is a different thing.
*******************************
"Level Up" is a gaming function, not a real life function.
"Level Up" is a gaming function, not a real life function.
