luckey22330
Returning Member

Investors & landlords

@DianeW777 

Not sure that provides the end result.

House assets on schedule C automatically calculate at 39.5 years with no way of changing it in the interface. If I replace $375,000 with $262,058.35, it is still calculating the asset at 39.5 years but now at a lower purchase price, which then reduces the expense for the asset by ~$1,000.  The expense for the asset should increase with accelerated appreciation, not decrease.