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- Does anyone know if ProConnect has an acquisition method when entering a new asset in depreciation?
Does anyone know if ProConnect has an acquisition method when entering a new asset in depreciation?
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Taxman98
Level 1
Tuesday
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I am trying to enter three new assets in ProConnect. They are rental properties received in a multi-asset 1031 exchange (All Like-Kind). One rental property sold, three rental properties acquired. I am struggling to get Form 8824 filled out correctly, and I am hoping that by using an acquisition method of "like-kind exchange" I will get a better result. But I cannot find where "acquisition method" is located.
