Other than overriding to not have any current depreciation by asset - is there a way to stop the depreciation on a rental that has been converted to a residence? Want to keep the schedules and basis there so that when rerented or sold is available. Do I need to override each asset current year depr manually annually? I do not see a check box to stop....thanks!
The only way to stop will also make it go away. Keep a copy of the current year depreciation schedule for later reference.
For each asset, enter a date of sale (You can use Ctrl + down arrow to jump to the next entry). DO NOT enter a sale price. On the rental you can enter a 2=delete next year, if you don't want it to show up on the organizer.
Here's wishing you many Happy Returns