Investors & landlords


@Redan54 wrote:

The only section I see that I could indicate it is no longer mine is later on the section that says "was sold, retired, stolen, destroyed, disposed of, converted to personal use, traded in, or given away (or it's no longer being used in this business for some other reason.)" that is found under the different assets of the rental property that I could depreciate...


Then you should answer "Yes" on the Special Handling Required screen. If you read that screen, it covers the scenario where the asset was given away as a gift.