Welcome back! Ask questions, get answers, and join our large community of tax professionals.
  • Sign In
  • Elevate 2026 Pencil Banner
    cancel
    Showing results for 
    Search instead for 
    Did you mean: 

    How do you stop the depreciation when converting a rental house to a principal residence - happened on 01.01.20

    sam-saba
    Level 3
     
    0 Cheers

    This discussion has been locked. No new contributions can be made. You may start a new discussion here

    2 Comments 2
    IRonMaN
    Level 15

    Print the prior year depreciation schedule for future reference and then just delete the assets in the 2020 client file.


    Slava Ukraini!
    dd4vols
    Level 11
    Level 11

    But, if he converted on 1/02/2020......Oh my goodness..............🤣

    If an answer solves your issue, click on the "Mark as Best Answer" button! Makes it easier for people to find answers to similar questions that have already been posted.