Tax Prepper
Level 2
05-24-2024
01:14 PM
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The clients had a property on their 2022 return that was depreciating Building which was the home. They moved into this property as the primary residence on November 15th 2023.
How do I enter depreciation for the property up to the date they moved in for the 2023 return in Lacerte? How do I enter a stop date for depreciation?
Shouldn't they be able to depreciate up to the date it became their primary residence.