CarrieN
Level 1
03-08-2021
07:19 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
There is remaining amortization on the previous loan to a Schedule E property. It has be refinanced and paid off. How do I expense the remaining amortization?
Best Answer Click here
Labels
George4Tacks
Level 15
03-08-2021
07:37 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Enter a date of sale (but no sales price) to stop the amortization.
Enter the balance of unamortized amount as current year depreciation.
Answers are easy. Questions are hard!
