TaxGuyBill
Level 15
12-06-2019
07:41 PM
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These are a couple of options:
1) Delete the Asset Entry Worksheet. You are not depreciating anything, so there is no need for it. Just make a note of the information for whenever it is sold.
2) Change the "prior depreciation" to the amount of the Basis, thereby changing the Net Basis Value to $0 and giving $0 depreciation. Again, make note of the ACTUAL prior depreciation for whenever the property is sold.
1) Delete the Asset Entry Worksheet. You are not depreciating anything, so there is no need for it. Just make a note of the information for whenever it is sold.
2) Change the "prior depreciation" to the amount of the Basis, thereby changing the Net Basis Value to $0 and giving $0 depreciation. Again, make note of the ACTUAL prior depreciation for whenever the property is sold.
