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Investors & landlords
Interestingly if I line item each asset to carry over and put in the original purchase price and date entered into service (and ticking the none of the above box for how the asset was acquired) it does correctly calculate the previous depreciation amounts. Whether it will manage this going forward for the remainder of the depreciation life will be something to watch. But when opting for a two schedule this perhaps is the work around.
‎February 23, 2020
9:04 AM