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Level 1

Los Angeles required my clients to shut down their Airbnb.  Threre is $1200 remaining on the depreciation schedule.  Not sure if LA will allow them to reopen.  What should I do with the Depreciaiton Schedule?

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1 Comment 1
Level 15
Level 15
If they were shut down due to Covid, AirBnBs will be allowed to reopen at some point. I wouldn't do anything with depreciation, its just a temporary situation.