puravidapto
Level 7
07-29-2023
10:41 PM
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Suppose the depreciation is 3k, but only 1k is used to offset the net income to zero due to vacation home rule. Next year, the proconnect software adds 3k to the accumulated depreciation, I think it should be 1k to be added, what do you think?
Someone may say that since 2k is carried over, so it is sort of allowed. I can buy this, but when the home is sold, the carryover amount is not used in the end, the accumulated depreciation is still not adjusted. Any it would be easier just to keep track the actually allowed depreciation because no adjustment is needed this way.
I understand the user community can not fix software bugs, but I would like to get a confirmation this is indeed incorrect result before I send an email to itocare. Thanks.
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