I have entered new assets for a rental property on the deprecation schedule however the accumulated deprecation is not showing on the balance sheet unless I force it in. How do I get this to show on the balance sheet without forcing it?
This is a S Crop return and section 179 is not allowed because the business has a loss.
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What software are you using?
Don't you just love it when an S Corp is used to own real property?
Which tax year are you preparing and what did you use for Date In Service?
I am preparing 2020 taxes and used 09/02/20 as the date entered.
I am using Lacerte
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