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- depreciation used in more than one trade/ dividing
depreciation used in more than one trade/ dividing
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michele
Level 7
08-14-2022
02:22 PM
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Have depreciable assets that are taking on a dual use. I want part to go to schedule C & part to schedule E. Wondered if I could get an asset to flow to more than one schedule without having to create the same asset for each schedule using percentages. I just think if they ever change business models it could create a headache checking the depreciation to bring it back together and it does not get over depreciated. Really did not want to do just a direct input of depreciation on one schedule don't think that would look good. Any information would be a great help.
thx
Michele
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