We sold an LLC owned residential rental property in 2022. Specific to the amortized loan fee asset (intangible) and the accumulated amortization expense, how in TT Business 2022 is this input?
after choosing "edit" in the "Select Disposed Asset Screen", choice are "sold, given away, abandoned".
If choosing sold, and recording $0., what happens to the remaining balance of the amortized loan fees?
It does not appear to be in the 8825 form or the 4797 forms?
How is this input to expense the remaining loan fees?
