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Yes, 2024 dep schedule shows the date sold for both of them, but there is no date sold in 2025 schedule and the building is being depreciated. I just clicked on...
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Yes, I have for both of them, but it still shows up on next year depreciation schedule.
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A partnership sold a commercial property in 2024, I entered everything regarding the disposition of the asset and check all related sections (dep recapture, cal...
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That part is done, but since there is land an a building, I wanted to see if there is another way to do it.
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My client (a partnership-Form 1065) recently sold a rental property that's been depreciated for a long time. To enter the sale, is depreciation section (under t...
