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when a asset becomes under 100% business use Why does lacerte change begining accumulated depreciation of the asset that is not 100% business use

jcfo
Level 1

when a asset becomes under 100% business use Why does lacerte change begining accumulated depreciation of the asset that is not 100% business use

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1 Comment 1
sjrcpa
Level 15

IDK but you can override to what it actually is.

Be aware of potential recapture is business use goes below 50%

The more I know, the more I don't know.