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Rental not remembering depreciation info that should be carried over
I rented out my condo in 2022 and 2023 and took it out of service on 12/1/23 in order to sell it. I never sold it and put it back in service on 2/28/24. In turbotax, it remembers the expense info I put in for 2023, but for the asset it doesn't remember anything related to this property and the accumulated depreciation. It lists the condo as my asset and when I click on the asset it has me describe the asset and enter the cost, cost of the land, date purchased, etc. Why isn't it remembering this?
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‎February 22, 2025
2:57 PM