I agree with your statement: "the legal status of the entity, it would be appropriate to continue to use the old depreciation method. So, you can enter the date you put the rental property into service as the start date for the LLC." Would I continue where I was at on Depreciation Basis for 2023 last year or do I start it from the beginning 2006 Depreciation and Amortization Report (What is the column to use: "Ending Accumulated Depreciation" or "Unadjusted Cost Or Basis" , since I will be using 27.5 year SL for the Depreciation Schedule?
Also a follow another question. If some of the columns are "0" in "Current Year Deduction". Do I need to show them on the new Depreciation Schedule?
