loricpa100
Level 4
04-09-2023
08:25 PM
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Client has converted a rental to personal use for now. Last year I manually said no depreciation for each asset of that rental property. This still, spouse (soon to be ex?) still living there. Afraid will forget and just have depreciation accumulating (improperly). Also do not want to lose the detail for eventual future sale.
Is there a way in Lacerte to "put a rental on hold" or suspend the depreciation until you toggle it back on? Any ideas oh best and brightest out there?
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