christinavv
Level 1
04-11-2022
11:03 PM
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Client converted rental vacation home to personal residence at the beginning of the year. I input on the schedule E tab personal use 365 days. Depreciation calculated but I overrode to show zero. Do I keep keep the assets on the depreciation schedule until client sells the home or remove them? Do I check the box to delete the schedule E for next year? Where do I put the passive loss to carry them forward until client sells the home?
Thank you.
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