Hello All,

What is the best way to suspend depreciation for a vacant rental property in ProSeries?? The condo was in such disrepair that owner could not fix up and offer for rent in 2021. They continued to pay the condo fees and taxes on the property, but it was never available for rent. When I use 0 rental days you get an error of course, so I went to asset entry screen and changed the business percentage to 10%. This suspended the depreciation and i didn't use any of the other expenses. Does this sound doable to you?

Thanks,

Ray Burts, EA

R B Tax