Lukepccpa
		
		
		
		
		
		
		
		
	
			
		
		
			
					
		
	
	
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		02-17-2022
	
		
		10:21 AM
	
	
	
	
	
	
	
	
	
	
	
	
	
	
		
	
				
		
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So if he retired from farming but didn't sell the farm, what is he doing with the farm?  Is he renting it out or is it just sitting idle?
If he's renting the farm out, just move the depreciation to the Schedule E to offset the rental income.
If the farm is sitting idle and not collecting income, then there is no depreciation to be taken.