Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

TAXPAYER DIES, WIFE INHERITED RENTAL HOUSE. HOW DO YOU SHOW THE STEPPED UP VALUE OF THE RENTAL HOUSE ON SCHEDULE E FOR DEPRECATION?

Highlighted
Level 1
 
Labels (1)
0 Cheers
2 Replies 2
Highlighted
Level 8

Try IRS Pub 551 - Basis of Assets

Highlighted
Level 11

Create a new asset. Call it Step up.

** I'm still a champion... of the world! Even without The Lounge.