Golfer2016
Level 2
12-07-2019
06:43 AM
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They are renting that house and now that asset should be on their schedule e. Do I full dispose of the wood floors? I don't think that is right because that would be taxable. I can't see how I can change use. I think I should be able to stop depreciating it on home office, and then continue as an asset for their schedule e. Do I delete the asset from home office and start a new on schedule E? Please let me know your thoughts.
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