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how to assign depreciable assets to the correct rental property

sballcpa
Level 2

I'm new to ProSeries, trying to retire, gave away the big clients.  This client has 4 rent properties and I entered all of the assets that were still depreciating (could not get the file to transfer from U.T.) but it did not put them under the correct rental property.  Is it linking them by the address?  Thank you guys, support doesn't usually even understand my question much less the answer

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Accepted Solutions
Just-Lisa-Now-
Level 15
Level 15

You can move them to the right place!!

Open the Asset Entry worksheet, then go to the top menu bar   

Forms > Change Activity 

and you can move them to the right property


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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4 Comments 4
Taxprohere
Level 8

When you're in the Schedule E worksheet, go down to the depreciation line and click the magnifying glass; you'll access the property's asset entry worksheets. 

Just-Lisa-Now-
Level 15
Level 15

You can move them to the right place!!

Open the Asset Entry worksheet, then go to the top menu bar   

Forms > Change Activity 

and you can move them to the right property


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
sballcpa
Level 2

Thank you

sballcpa
Level 2

Thanks, I did figure that out finally!!