Hello All,

My question concerns sale of a Rental.

How do I indicate the disposition of rental related appliances and Improvements that have been depreciating as separate assets (separate from the Residential Property)?

I entered the disposition date under DISPOSITIONS on the Asset entry worksheet (through Schedule E), but the asset cost and accumulated depreciation amounts do not get added to the Real property numbers on Form 4797.  I have always had this problem, but I am forgetting how to go around this.  I remember calling Proseries years before and they told me that the program does not lump all assets together even though all are part of a single sale.

I recall that I manually adjusted the amounts for total Cost and Accumulated Depreciation on Form 4797.

Any help is appreciated!

Sui