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    HOW DO I STOP DEPRECIATION EXPENSE FOR A RENTAL PROPERTY THAT HAS BEEN SUSPENDED FROM RENTAL

    Jerry C
    Level 3
    ‎03-20-2021 10:44 AM

    How do I stop Depreciation expense (in the tax software)from a rental that was not rented in 2020 (end of 2019) and client doesn't expects to rent in the next 2-3-4 years

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    2 Comments 2
    TaxGuyBill
    Level 15
    ‎03-20-2021 10:50 AM

    If the rental ended in 2019, it does not belong on the 2020 return at all.  Delete it.

    Just-Lisa-Now-
    Level 15
    Level 15
    ‎03-20-2021 11:01 AM
    Save your depreciation details sheet from 2019 for when it becomes a rental again.

    ♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪






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