Well, when I close out the asset on Schedule F, it then shows a loss of $12797 ($33,800 basis minus depreciation from '20, '21, and 1/1/22 to 5/1/22.) when I use "0" as the sale price. Would it be alright to show the asset as sold for $12797 on 5/1/22 on Schedule F, and then bring it over to the other business on 5/2/22, use $12797 as the basis, and finalize depreciation over another 5 years just like it had been sold to another business?
