Hello Think57, appreciate your reply. I think your way of calculation really makes sense to me. Step 3c to calculate the right depreciation amount for the replacement property is creative and makes a whole lot of sense. Now for step 4b, to do the override, do I need to call TT helpline and ask them to do it?
Thanks for the reminder about adding back the depreciation for relinquished property in 2021 “prior depreciation”.
