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How do you stop the depreciation when converting a rental house to a principal residence - happened on 01.01.20

sam-saba
Level 3
 
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2 Replies 2
IRonMaN
Level 15

Print the prior year depreciation schedule for future reference and then just delete the assets in the 2020 client file.

ACME Taxes, Tatoos, Tires and Tomatoes (I had to get rid of the turtles - they kept running away)
dd4vols
Level 9

But, if he converted on 1/02/2020......Oh my goodness..............🤣

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