OK, so how exactly do I do this? I have a handle on disposing of an asset, but this asset is being transferred. Do I used the original sales price as the basis on the 2nd business and then record the depreciation already taken? This is a 5 year asset with 3 years left, how do get this entered in correctly? I entered the original sales price as the basis, but when I entered "prior depreciation", it lit up as an error. Thanks
