I will create a new Asset Entry WKS for the new property that has the excess basis over the 27.5 years of new residential rental property.

I will continue to depreciate the original property, even though it is no longer owned.

Question...where so I place the original Asset Entry WKS in ProSeries?  Do I just leave it where it is currently organized and show no activity for that property.  Won't it stop depreciating if I indicate that there is a Date of Disposition?  Didn't I read somewhere that I have to have to have a Date of Disposition to indicate that it was sold?

Thanks for your help, Christopher