@AmyC
Thanks for the update on Diane! 🙂
Diane instructed to use the original purchase date and in-service date from the relinquished property for the 3 replacement properties for the asset/depreciation entries associated with the original basis. Also, split up the original purchase price, land value, and depreciation across the 3 properties...using those percentages that I provided earlier. So hopefully I can get the numbers to work to allow me to do the 2 schedule approach. If not, I'll take your great information and go with the single depreciation schedule.
Again Amy, I so appreciate your help and insight!
Have a great weekend!
Jamie
@DianeW777
