Client owns & operates two motels. not sure how to enter total basis and allocation to land and depreciable value on schedule C asset.
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Enter the net of land with a depreciation method of 87. Enter land with a method of 99. You may also need to add various furnishings and equipment.
https://proconnect.intuit.com/community/federal-taxes/help/entering-a-depreciable-asset-in-lacerte/0...
https://proconnect.intuit.com/community/partnership/help/depreciation-methods/00/3537
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