Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   Question on placed-in-service date (https://www.askmehelpdesk.com/showthread.php?t=22329)

  • Mar 6, 2006, 08:12 AM
    Outdoorted1
    Question on placed-in-service date
    Hello,
    I have a question regarding the placed-in-service date for rental property. I had a room ready as a rental in which the renter moved-in during the same month. Their first rental payment was the beginning of the next month. Therefore, is the placed-in-service date when the room was ready as a rental or the month when the first rental check was received?
    Thank you
  • Mar 6, 2006, 10:45 AM
    AtlantaTaxExpert
    The date the room was ready for rental!

  • All times are GMT -7. The time now is 11:22 AM.