Hi @Vic_R - Reason I am asking is because I am confused by your statement here:
' I referred to the "new basis after the deferment" by "adjusted basis" which I understand was a poor choice of words.'
So if I understood you correctly, initially you wrote that "new basis after the deferment" was 42k, and if you meant that's from form 8824 line 25, that means you did end up with very small amount of depreciation?
Thanks for the clarification!
