TaxMonkey
Level 8
08-14-2023
11:20 AM
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You can "trick" the software by creating one asset with the consolidated totals of the fixed assets - purchase price, depreciation, etc. An then "sell" that asset, and simply delete all the other assets.
Make sure to keep the type of property the same in a consolidated entry. 1245 property is treated differently in a sale than 1250 or 1231 property.