cpg
Level 2
10-06-2021
06:37 PM
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With a home office deduction and Schedule E room rental income in one home, how is the property's depreciation split between these activities in ProConnect?
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George4Tacks
Level 15
10-07-2021
09:39 AM
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Answers are easy. Questions are hard!
cpg
Level 2
10-07-2021
02:17 PM
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Thank you for the response, but this is for Lacerte and two businesses. I need a solution for ProConnect for one home office and one Schedule E room rental.
sjrcpa
Level 15
10-07-2021
02:54 PM
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ProConnect is based on Lacerte.
My recommendation:
Set up the asset twice-once for home office and once for Sch E
The more I know the more I don’t know.
cpg
Level 2
10-07-2021
03:14 PM
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Thanks. I was wondering if this was the solution, glad to see an expert recommend it.
