@KrisD15 Thanks, I think I am following it now. But want to make sure my understanding is correct.
- Property 1 was placed into service in 2020 and a new appliance was purchased in 2023 for this rental property.
- Property 2 was placed into service in 2021 and no new asset was acquired in 2023 for this rental property.
With this information, it's accurate that I have only ONE form 4562 for Property 1 since a new appliance was purchased but no form 4562 for Property 2?
