I was able to enter my LKE using the jump to link, and the calculations seem correct. However, I am confused on what to do now for the two properties in the rentals and royalties section. Specifically, under the Assets section, do I fill out the Sold Rental Property section? For the new property, do I fill out the New Rental Property section? How do I ensure that depreciation is properly accounted for on each property?
Any help is much appreciated.
