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Investors & landlords
You have the option of choosing that depreciation method for the asset.
When you enter the assets, select
"Other asset type" on the "Tell Us a Little More" screen
Enter the information needed on the "Tell Us About This Asset / Large Purchase" screen
Enter the information needed on the "Tell Us More About This Asset / Large Purchase" screen
Select "5 year" asset class
Select "I used the half-year convention"
Select "200% Declining Balance" for Depreciation Method
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March 28, 2025
5:27 AM