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Investors & landlords
TT doesn't handle this well so you have to "make it fit" ... the workaround in your situation (rented in 2014 only then again starting in 2019) is to enter the asset as if it was being placed into service in 2018 ( instead of 2014) ... this way the "prior year " depreciation will be calculated and carried forward ... it will not mess up the IRS.
‎July 31, 2020
12:52 PM
2,419 Views