tonyjoeramirez
Level 1

New Client Depreciated residential rental property for 50 years S/L (Manually), after I enter the amount of prior depreciation, the system is defaulting to zero, due to the 27.5 years for rental property.  Example -  lets say he has owned the property for 35 years and there is still $5000 left of depreciation.  Now when i enter the asset into the system, the software is telling me that he has $0 left for depreciation because its calculating on 27.5 years. But we need to  account for the remaining $5000 .  How would I enter the remaining depreciation to correct the proper remaining depreciation for that asset. Please advise

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