Question
how does pro series calculate depreciation?
client places in service non residential real estate on march 20 2023. 100% business
J1 in proseries. basis = 2,850,000 which includes land of 962,466.
proseries comes up with 16,325 of deprec.
irs table A-7a shows 2.033% yielding 2850000-962466=1887534 * .02033= 38374
am i in the wrong table? proseries help seems "closed" this weekend. odd.
thanks, old sheldon
