@pk 01/01/2018 was used as start date, with 27.5 years. So if I use this information, I still can't choose "ADS" or "Straight Line" anywhere.
I did the following:
Land component of asset: No
Describe: intangibles, other property (because not in US)
this asset: other
enter description, cost, and acqusition date (01/01/2018)
100% used for business, from 01/01/2018
Asset class: 27.5 years (Residential Rental)
Recovery period: 40 years
enter amount of depreciation in prior years: ok
And this results in $0 estimated expense. When I look into the details, it says MM for MACRS convention, but depreciation method is empty. I can't select "straight line" or "ADS" anywhere.
Thanks,
Chris
