dkh
Level 15
06-28-2021
09:25 AM
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I had a client that had lots and lots of improvements for a property - so I lumped all the improvements with the original building cost into one asset entry. I used the supporting statement feature to enter everything in cost and depreciation. Then I deleted all the asset entry worksheets that were lumped into the original cost.
Note - I printed a depreciation schedule prior to lumping and deleting.