Investors & landlords

Thank you for the response.  In my case, I do have enough deductions to qualify to file Schedule A and in addition, I do not see a Form 4684 generated by TT.  I did read something that advised that I claim this unrecoved expense amount via the Business Expense —> Sale of Business Property dialog in TT.  Using this approach, I enter the cost of the item, the deprecition taken to date, and a sale amount of 0.  This causes TT to generate a capital loss of for the asset n the approprate amount.  This seems likenthe correct process to use, but I have some doubts as I would have thought TT would hve generated this for me.  Please advise if I have this correct.