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Investors & landlords
Another question for the "disposed of" input: I filled all the information in my rental income/expenses and clicked "disposed of" in the box. When I go to the sale of property/depreciation section, I have one question: Did you stop using this asset in 2015? I click Yes, since I reported as disposed of in 2015, then is asking me the date of disposition: should I enter the date when I stopped renting it and put it on the market for sale? Please let me know, the depreciation changes based on this input. Please let me know if this is the correct way to do it? Is this all the information required when I disposed of?
‎June 5, 2019
10:14 PM