rbynaker
Level 13
03-08-2021
08:40 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I generally avoid overriding things on the depreciation screen. I will manually make a "date sold" entry (but no sale price) on the asset worksheet using the refi date. Then look at the depreciation schedule and manually enter the remaining basis as an other deduction on Schedule E as "Write off loan costs." Having the sold date in there will remove it from depreciation/amortization next year.