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

Jerry C · ‎03-20-2021

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

TaxGuyBill · ‎03-20-2021

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

Just-Lisa-Now- · ‎03-20-2021

Save your depreciation details sheet from 2019 for when it becomes a rental again.

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

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